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EGBs are pushing higher

BONDS
  • EGBs stays elevated, with no real impact from Hawkish Vasle's comment: "ECB rate cut bets are premature".
  • For French OAT, the March low in Yield of 2.53% equated to 131.89 on Friday.

Today, reference 131.63:

  • 2.530% = 131.85.
  • 2.483% = 132.33 (February low).
  • 2.393% = 133.27 (January and 2023 low).

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