December 27, 2024 07:18 GMT
CREDIT UPDATE: € Credit Open
CREDIT UPDATE
US Treasuries had a strong 7yr Auction -2.2bps though WI. The 10yr is back down to 4.58%.
- Bund futures remain close to the lows of 23rd Dec.
- Bearish trend in Bunds is intact and futures also point to slight widening in OATs.
- Weak JPY overnight contributed to a 1.8% rally in the Nikkei
- Moves in Stoxx50/SPX futures are muted with +0.35%/-0.27%
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