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Bunds & Gilts See Light Downside On Pre-Data Move In Tsys

BONDS

The pre-data pull lower in U.S. Tsys introduced some downside to both Bunds and gilts, with the move in UK paper a little more pronounced than that seen in German equivalents.

  • Gilt futures moved through early London lows before stabilsiing, without getting anywhere near challenging yesterday’s base.
  • Bund futures remain contained, trading in the upper half of their session range.
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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