March 29, 2023 12:44 GMT
Bonds drift lower
- Way below average volumes for Govies and rate today, as most investors wait for the European CPIs, starting as off tomorrow.
- Still Bund is drifting back towards session low with the underpinned risk today.
- VGM3 still sees immediate resistance at 4164.00, did print a 4163.00 high so far.
- Looking ahead at the US cash open, due in 50 minutes, futures would suggest a +0.9% open for SPX at current levels.