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Equities and Bonds find a bid

CROSS ASSET
  • An initial pop higher in Bonds and Equities. Dollar dipped on the Retail sales miss.
  • IJC was more mixed, with a beat on IJC but higher revision, and a miss on continuing claims, but better revisions.
  • TYH4 is just 4 big ticks higher then pre data, and are are finding offers, TYH4 sold in 14k, TUA 6.5k , FVA 6k and USA 1k, all cumulative and mostly two ways flow at current levels.

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