August 29, 2024 14:37 GMT
Following Tsys Lower Post-Data
GILTS
Gilt futures follow Tsys, selling off on the U.S. data.
- The rally from lows in crude oil futures also weighed.
- Futures test session lows, last -13 at 98.58, Tuesday’s range extremes continue to present initial support & resistance.
- Yields little changed to 2.5bp higher, curve a touch steeper.
- 20+-Year yields have registered incremental session highs.
- SONIA futures +1.0 to -1.0.
- BoE-dated OIS remains sticky, still showing ~40bp of cuts through year end.
- Domestic inputs return on Friday, headlined by the DMO releasing its quarterly issuance schedule.
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