September 02, 2024 13:30 GMT
Bunds To Fresh Lows As EUR IG Deals Price
EGBS
Bunds to fresh lows in recent trade, with some of the EUR IG corporate & SSA deals pricing, resulting in potential hedging pressure.
- Macro headline flow has been relatively light for the last couple of hours, partially accounted for by the North American holidays.
- Quarterly roll activity continues to dominate in most EGB futures as desks take the opportunity given the quieter data calendar/absence of North American risk.
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