April 29, 2022 09:50 GMT
Rates are pressuring Govies
BONDS
- Euribor rate strip continues to press the German 2yr and 5yr, in turn spilling over into Bund.
- German Schatz and Bobl are under decent pressure.
- German 2yr Yield is now at 0.26%, ahead of the 2022 peak printed at 0.296%, this was also the highest print since 06/09/13.
- German 5yr Yield is still short of the April peak at 0.764% (highest since 31/01/14), now at 0.69%.
Reference 127.14:
- 0.764% = 126.70
- 0.800% = 126.49
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