EU ZEW Economic Sentiment Index (Jun) 9.5 vs. Exp. -7.6 (Prev. -9.1)
Credit Agricole, post-BoJ, reduces 2027 rate hike call to 2 hikes (prev. exp 3), expects no more hikes in 2026; cites drag from economic slowdown and BoJ’s premature rate hikes
The UK sells GBP 4.25bln 4.875% 2036 Treasury Gilt: b/c 3.46x (prev. 3.45x), average yield 4.858% (prev. 5.026%), tail 0.1bps (prev. 0.3bps)
EU ZEW Economic Sentiment Index (Jun) 9.5 vs. Exp. -7.6 (Prev. -9.1)
[MARKET ANALYSIS] Fixed benchmarks benefit from lower energy prices whilst JGBs move lower post-BoJ
[MARKET ANALYSIS] RBA, BoJ as expected; USD hit as energy continues to slide
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