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• Bund yields close 4bp higher after higher than expected PCE and lower jobless claims.

• Stocks traded lower with drag from Meta / Tech for the S&P, with a leg lower post US data. Communications and Consumer Discretionary were the other weak sectors in the €IG Issuer basket, with all sectors red. SPX / SX5E left -1.3% / -0.7%.

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• Bund yields close 4bp higher after higher than expected PCE and lower jobless claims.

• Stocks traded lower with drag from Meta / Tech for the S&P, with a leg lower post US data. Communications and Consumer Discretionary were the other weak sectors in the €IG Issuer basket, with all sectors red. SPX / SX5E left -1.3% / -0.7%.

Keep reading...Show less