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CROSS ASSET: OAT tests Yield level, German Bund higher, EUR drifts lower

CROSS ASSET
  • The next resistance in OAT futures was seen at 126.27, but as also noted earlier 2.95% was also equating to 126.27 in Futures term.
  • OATZ4 has printed a 126.27 high, with a 2.952% low on the session, so far has found some fading interest.
  • Further upside continuation through the latter in OAT, would open to 2.900% = 126.75.
  • For the German Bund, the 2.10% level is slightly higher today, up to 134.70 vs 134.68 Yesterday.
  • The EUR sees some offers against the Pound, CHF, TRY, CNH, AUD, CAD, SEK and NOK on the follow.
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  • The next resistance in OAT futures was seen at 126.27, but as also noted earlier 2.95% was also equating to 126.27 in Futures term.
  • OATZ4 has printed a 126.27 high, with a 2.952% low on the session, so far has found some fading interest.
  • Further upside continuation through the latter in OAT, would open to 2.900% = 126.75.
  • For the German Bund, the 2.10% level is slightly higher today, up to 134.70 vs 134.68 Yesterday.
  • The EUR sees some offers against the Pound, CHF, TRY, CNH, AUD, CAD, SEK and NOK on the follow.