January 21, 2025 09:08 GMT
CROSS ASSET: Core Govies are edging lower
CROSS ASSET
- US Treasuries are edging lower, TYH5 look to test its session and close the small opening gap down to 108.23.
- Note that the intraday low that shows on Bloomberg at 108.08+ is actually Yesterday's low.
- On this side of the Pond, BTP is sold in 1k and Gilt 750 lots.
- The German Bund now targets the Opening Gap down to 131.76.
- There's a small bid in the USDJPY on the back of the small move lower in Core Govie futures.
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