October 03, 2024 12:43 GMT
BUNDS: Volume in Bund stands out today
BUNDS
- Very limited impact in Bund post the US IJC miss, but continuing claims saw an improvement and better revision, as such a pretty much inline data.
- Attention will turn to the US ISM due in well over an hour.
- Despite the limited price action, the German 10yr part of the curve seems to be targeted today, it is not often that you see Bund trading over twice the volume seen in the Bobl so far on the day.
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