January 24, 2025 14:27 GMT
BONDS: Core Bonds are testing their respective lows
BONDS
- Bund, BTP and OAT are all making another attempt at their respective lows, immediate support in Bund is still eyed at 131.00, and as noted earlier, a clear break through would open to 130.70, not a Tech level, but where the contract was trading at before the last US CPI, released on the 15th January.
- A round of selling now hitting Treasuries in decent size across USA, TYA, FVA and TUA.
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