May 06, 2022 07:24 GMT
Euribor sees selling in the front
BONDS
- Front Euribor is seeing decent early selling in early trade, another 5.5k just sold (ERM2).
- Short term rates (Euribor), Keeps the lid on long Govies
- Main support for Bund remains at the double bottom traded yesterday and today at 1.5215/152.17.
- Note the yield only managed 1.046% yesterday.
- The 2015 peak at 1.057%, equates a little higher for this session, at 152.22 (reference 152.45)
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