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Flashing green across the board

BONDS
  • Govies and short term 3 months Rates are seeing a sea of green screens.
  • Euribor strip is up 1 to 4 ticks in the white, 8 to 10.5 in reds, and up to 11 in Greens.
  • Short Sterling front month are the best performers on short cover and likely positioning ahead of the BoE this week.
  • Front white strip is up 2.5 to 9 ticks. While red 8 to 7.5.
  • L H2 (March 2022 Sterling) has now recovered 19 ticks from the 28th October low.

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