November 18, 2024 14:53 GMT
GILTS: Off Lows
GILTS
Cues from Tsys have reasserted themselves over the last few hours, with UK news flow remaining limited.
- The sell off in futures stabilised just ahead of Friday’s lows, with the contract recovering from 93.33 to 93.53 last.
- Initial support and resistance levels remain further away, with the bearish technical theme intact.
- Yields 1-4bp higher, curve flattens.
- 10s back below 4.50%.
- Comments from BoE’s Greene due after the close, we will provide greater colour on that in a subsequent STIR bullet.
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