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BONDS: Continuing To Edge Away From Highs

BONDS

No meaningful reaction to the U.S. housing market data 

  • Cross-market cues dominate, with little of note on the news front over the last few hours.
  • The recovery from session lows in equities continues to push core global FI markets away from session highs.
  • Market participants are still assessing the risks posed to U.S. tech by Chinese startup DeepSeek.
  • U.S. Tsys remain the outperformer amongst core global FI markets,
  • EGB spreads to Bunds still wider on the day but narrow from session highs as equities recover.
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No meaningful reaction to the U.S. housing market data 

  • Cross-market cues dominate, with little of note on the news front over the last few hours.
  • The recovery from session lows in equities continues to push core global FI markets away from session highs.
  • Market participants are still assessing the risks posed to U.S. tech by Chinese startup DeepSeek.
  • U.S. Tsys remain the outperformer amongst core global FI markets,
  • EGB spreads to Bunds still wider on the day but narrow from session highs as equities recover.