April 18, 2024 10:21 GMT
German 2yr and 5yr are paring gains
BONDS
- EGBs are slowly breaking out of their tight ranges, with mostly a two way flows seen in the past few hours.
- Shorter end 2s, and 5s lead lower, with Bobl back to flat on the day.
- Schatz tests session low, still some way short of 105.355 the 11th April low, and where the 3.0% Yield level was.
Today, reference 105.425:
- 3.00% = 105.335.
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