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USDCAD TECHS

Remains Vulnerable

AUDUSD TECHS

Trend Needle Points North

US TSYS

Bonds Near Highs, Yield Curves Flatter

EURJPY TECHS

Bearish Outlook

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TURKEY
  • Local & USD rates unch this morning, having continued to diverge in yesterday's session.
  • Locals remained under pressure following the expulsion of yet another CBRT official
  • with the curve bear flattening +25bp in 2Y yields.
  • USD bonds retraced yearly strength to trade flat to slightly lower on the day, despite a negative shift in sentiment.
  • Risk premia lifted +5.89bp, now back above the 400 handle.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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