April 22, 2024 13:18 GMT
Energy Benchmarks Lower, USD & Bonds A Little Firmer
CROSS ASSET
Little in the way of overt headline drivers for the latest uptick in core global FI markets, but it comes alongside the broader USD (BBDXY) trading to best levels of the day and as crude oil futures and TTF prices move back towards session lows. Note that the move in lower in energy prices hasn’t impacted benchmark breakeven and 5y5y inflation pricing in recent trade.
65 words