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Pare Gains on GBP Dip

US TSY FUTURES

Futures pared back gains prior to surprise decline in MoM house prices (-0.6%), trading desks point to drop in GBP to 1.0773 +.0083 last few minutes. EGB's pressed as markets remain jittery despite heavy volumes (TYZ2>780k already) ahead BOE chief economist address at 0930ET.

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Futures pared back gains prior to surprise decline in MoM house prices (-0.6%), trading desks point to drop in GBP to 1.0773 +.0083 last few minutes. EGB's pressed as markets remain jittery despite heavy volumes (TYZ2>780k already) ahead BOE chief economist address at 0930ET.