BONDS: Bonds and STIRs are finding a bid
Last updated at:Oct-07 09:46By: Fabrice Ben Hassine
Long Term Fixed Income Securities
- Some demand in Govies, off their respective lows, next Yield resistance levels hold, as the US starts to join the European session.
- Despite the quieter start on the data front for the week, volumes are above averages for this time of the day, latest flows right now have seen buyer TYA in 4k, FVA 2.5k, TUA 2.8k, and on this side of the Pond, BTP and OAT in 1k, all cumulative volumes.
- Broader bids are also seen in the Euribor strip.