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Bounce In Oil & Long End Tsy Block Flow Helps Cap Recovery Bid

BONDS

A bounce away from OPEC+-inspired session lows in WTI futures has capped the recovery in core global FI markets flagged not too long ago. Core global FI futures failed to challenge best levels of the day on the bounce, before fading from recovery highs. Note that an apparent block sale in WNZ3 futures (-2,069) also helped limit the recovery.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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