July 11, 2024 09:09 GMT
Modest Reaction To Solid Auction Demand
GILTS
Little movement in gilts following the 3.75bn 4.00% Oct-31 auction, despite the solid cover and tight tail metrics. Futures +5 ticks, while the yield on the 4.00% Oct-31 is 0.5-1.0bp lower, when compared to 10:00 London levels.
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