Trial now
BONDS

EGB/Gilt - Yields hit multi months low

DATA REACT

Solid U.S. Factory Orders

OPTIONS

Expiries for Aug04 NY cut 1000ET (Source DTCC)

USD

Finding a bid as Equities falls

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • Local & USD rates trade little changed around the open amid weaker risk sentiment out of APAC this morning.
  • Russian bonds traded mostly subdued, but marginally firmer in yesterday's session.
  • USD bonds saw1 a slight bull steepening effect, with 2Y yields dipping -1.5bp while local bonds gained -2bp in the 5Y tenor.
  • Similar to EM peers Turkey & SA Russia's 5Y CDS lifted +4.054bp in yesterday's session, testing 90 resistance and snapping last week's downtrend.