May 30, 2024 12:46 GMT
Bund gained 20 ticks post US Data
BONDS
- Bonds find a small bid on the lower 1 tenth revision in Core PCE Price Index QoQ, and GDP Price Index.
- Personal consumption was also below consensus.
- The only notable flow seen in Treasuries was a TYU4 3k cumulative buyer, 2.5k in FVU4, and 2.5k in TUU4.
- Bund gained 20 ticks on the release, but not seen any outright standout orders, with Eurex rolls taking centre stage.
- The street will slowly turn their attention to Tomorrow's awaited US core PCE deflator and out of Europe the CPIs, MNI Chicago PMI is also due Tomorrow.
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