November 15, 2023 13:18 GMT
Underlying bids appearing
- Small bids going through, helped by a small block buyer in BTP of 600 lots at 125.73.
- Bund and OAT are flat while Italian futures still lead.
- US Treasury Govie strip also see an underlying bid, possibly some squaring ahead of the data.
- Retail Sales and PPI have not been "big" market movers, but more downside in PPI, could keep futures underpinned.