January 22, 2025 16:11 GMT
BONDS: Light Selling Creeps In
BONDS
Seems to be a mix of setup for 20-Year Tsy supply and Trump threatening tariffs against Russia that factor into the move lower in core global FI here.
- Ranges remain relatively tight, with yesterday’s lows unchallenged in Bund & gilt futures, although TY futures have broken through Tuesday’s base.
- Tsy yields little changed to 2bp higher across the curve.
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