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Bunds & Gilts Firm Alongside Tsys

BONDS

Lower oil prices, a downtick in FOMC-dated OIS pricing vs. early London levels and an uptick in the U.S. Challenger job cuts print lends further support to Bunds & Gilts, at least partly via Tsys, with the former now running little changed to 3bp cheaper on the day, in a bear flattening motioning, while the latter sees 1-2bp of richening across the major benchmarks.

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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