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BTP finds an underlying bid

BONDS
  • As BTP unwinds after it printed a session high on the back of the US PPI and IJC, the contract is seeing some dip buying interest, just bought in 2k cumulative volume.
  • Volumes in BTP stands out today, but this is mostly attributed to delta hedging requirement given the large Italian supply this morning.
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  • As BTP unwinds after it printed a session high on the back of the US PPI and IJC, the contract is seeing some dip buying interest, just bought in 2k cumulative volume.
  • Volumes in BTP stands out today, but this is mostly attributed to delta hedging requirement given the large Italian supply this morning.