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Core Govies remain under pressure

CROSS ASSET
  • Further clip seller across Treasuries and Bund, FVA in 2.5k, USA 1k, and Bund over 5k.
  • Equities are also ticking lower, with NQH4 sold in 1k, while US Emini look to test 4741.00, Yesterday's low and the lowest level since the last FOMC rate meeting, the latter has so far held.
  • As a quick note, ESH4 was trading circa 4703.00 pre 13th December FOMC meeting.

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