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USDMXN Remains Above March 2021 Highs

LIBOR

JAPAN FIX - 29/11/21

LIBOR

UK FIX - 29/11/21

LIBOR

US FIX - 29/11/21

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Dynamics in the ACGB space have been at the fore, with the post-CPI weakness there pressuring U.S. Tsys, before a tick away from session lows was seen. TYZ1 -0-03+ at 130-16, operating within the confines of a 0-06+ range thus far. Technical support isn't seen until the Oct '21 low (129-31). Cash Tsys run 1.0-2.5bp cheaper across the curve, with the belly leading the weakness.