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Bonds are paring gains

CROSS ASSET
  • More aggressive selling going through, nothing huge, but lack of liquidity means that it takes very little in terms of size orders to move the needle.
  • OAT and BTP are now sold in 3k and 1k respectively.
  • US Tnotes now also sees multiple clips seller, but again nothing too big there either.
  • Support is TYZ4 is seen just below Friday's low at 115.06 (gap).
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  • More aggressive selling going through, nothing huge, but lack of liquidity means that it takes very little in terms of size orders to move the needle.
  • OAT and BTP are now sold in 3k and 1k respectively.
  • US Tnotes now also sees multiple clips seller, but again nothing too big there either.
  • Support is TYZ4 is seen just below Friday's low at 115.06 (gap).