May 31, 2024 07:26 GMT
US Treasuries lead EGBs lower
BONDS
- Govie futures are drifting to their respective lows, look to be US Tnotes led, but Bund is so far in sync with his US counterpart, with the Tnotes/Bund spread flat so far.
- Small support in TYU4 moves up to 108.06+, was circa 4.60% in yield, although the 10yr spiked as high as 4.6357% on Wednesday, and futures as low as 107.31 on that day.
- In Europe, ERZ4 is sold in 6k, and Schatz 6k through their lows.
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