May 31, 2024 13:13 GMT
US Treasuries outperforms
BONDS
- Despite the notable upside momentum in Treasuries, there hasn't been any notable clip size, seems a lack of offers has helped exacerbate some of the moves, initially helped by the miss in Personal and real personal spending, given a pretty much inline PCE data.
- No Blocks, nor any cumulative sizes have really gone through.
- Small resistance in TYU4 moves down to 108.27.
Month end:
Bloomberg Bonds:
- US Tsys: +0.10yr (decent).
- EU Govies: +0.08yr (average).
- UK Govie: 0.00yr (non event).
MS Bonds:
- US Tsys: +0.09yr (ok).
- EU Govies: +0.09yr (ok).
- UK Govies: To contract (non event)
Keep reading...Show less
84 words