October 05, 2023 09:19 GMT
OAT and BTP lead EGBs lower
- French OAT has been weighted ahead of the French supply, on delta hedging need, but markets overall have ignored data, speakers and move in Energy prices, instead assessing rate forward outlook.
- French 10yr Yield found resistance at the 3.60% Yield level Yesterday, printed 3.596% and a 121.05 low.
Yesterday, 3.60% equated to 121.00 in Futures, today, reference 121.67:
- 3.60% = 121.03