Global bond market trading resumes in earnest today |
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Markets: Fixed Income On Wednesday, EMU bonds had an overall quiet day, as US markets were closed in observance of Veteran’s Day and the dataflow was thin in Europe. The Bund hovered sideways in a tight range, closing at 121.71, virtually unchanged from the previous close. In the cash markets, changes were marginal too, except for the 10-year yield that went up by 6 basis points, but only due to a change in benchmark (Bund 3.25% Jan 2020 replaces Bund 3.5% Jan 2019). Equities eked out more
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