Free Trial

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.
90 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • 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.