Bonds jump bid last minute, USM3 125-23 (+1-03) high, 30YY 3.8493% low. No obvious headline driver or block/cross. Markets on point for any pre-testimony release from Fed Chairman Powell.
EUR: EURSEK test resistance
Mar-07 13:24
EURSEK test through initial resistance, that was at 11.2290, the 17th February high.
Further upside continuation, opens to 11.2695, the very short term 61.8% retrace of the February fall.
PIPELINE: $2B African Development Bank (AFDB) 5Y SOFR Launched
Mar-07 13:16
Date $MM Issuer (Priced *, Launch #)
03/07 $2B #African Development Bank (AFDB) 5Y SOFR+33
03/07 $Benchmark Islamic Development Bank (ISDB) 5Y Sukuk SOFR+57