2024-07-30 03:20:00 ET
Summary
- The back ends of curves have been dipping as growth concerns in the US and eurozone lurk.
- Second quarter eurozone GDP figures are expected to remain in positive territory, but only by a small margin.
- The US re-funding announcement is due on Wednesday, teed up by the latest pre-funding data issued yesterday. Steady as she goes until payrolls on Friday.
By Padhraic Garvey, CFA | Michiel Tukker | Benjamin Schroeder
US re-funding data is good, but should still maintain an elevated issuance pressure
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Rates Spark: Growth Concerns Overtaking Sticky Inflation