May 20, 2024 13:14 GMT
Small dip buying
BONDS
- Small dip buying now in Treasuries off the lows, USA in 1k, TYA 5k, FVA 2.6k, TUA 2.8k, all cumulative volumes, possibly some short term daily cover, squaring.
- These are the lowest volumes seen in Tnotes and Bund for the June expiry so far today, and hardly any spread in the US 10yr, with just only 7.6k outright spread trading in TYM4/TYU4.
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