MNI: GERMANY JUNE FINAL MANUF PMI 49.0 (49.0 FLASH; 48.3 PRIOR)
Jul-01 07:55
MNI: GERMANY JUNE FINAL MANUF PMI 49.0 (49.0 FLASH; 48.3 PRIOR)
BONDS: Rally Extends
Jul-01 07:55
Bonds continue the squeeze higher through early London trade.
U.S. 10-Year yields have traded below 4.20%, hitting the lowest levels seen since early May.
BoE Governor Bailey provided some comments on QT (detailed earlier), with some suggesting that his comments point to the potential for a slowing of QT. We will provide our thoughts on his comments and BoE QT in general shortly.
Core global curves bull flatten.
MNI: GERMANY JUNE UE RATE (SA) 6.3% (FCST 6.3%); MAY 6.3%
Jul-01 07:55
MNI: GERMANY JUNE UE RATE (SA) 6.3% (FCST 6.3%); MAY 6.3%