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Govies are  back towards the upper end of the range

BONDS
  • Took a little bit of time, but buying is now clearly emerging in Govies on Safer haven flow, after Equities and Govies traded in tandem during previous session on reflation trade.
  • Investors now look for FTQ on what could be a key week for Russia/European tensions.
  • German Chancellor Olaf Scholz embarks on a two-day visit to Kyiv and Moscow from today.
  • Some desks are speculating that tomorrow could be the last chance to avoid a conflict.

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