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Yields and Rates are pushing lower

CROSS ASSET
  • The move higher in Futures is not only in Bonds, but also in Rates with wider buying going through, ERU4 and ERZ4 are bought in over 5k respectively.
  • Clearly a Rate move, with buying across the Euribor, SONIA and SFR strips, and Equities are now testing intrady lows.
  • TYZ4 now targets 113.30+, Friday's high.
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  • The move higher in Futures is not only in Bonds, but also in Rates with wider buying going through, ERU4 and ERZ4 are bought in over 5k respectively.
  • Clearly a Rate move, with buying across the Euribor, SONIA and SFR strips, and Equities are now testing intrady lows.
  • TYZ4 now targets 113.30+, Friday's high.