⚖️🔻German Bund Front-End Outperformed On The Week: Cable FX Macro

**As seen in Macro Walk report 10/06/23, subscribe at cablefxm.co.uk/reports

• The rates section in our Macro Walk report saw long-end yields moving higher this week, sovereign debt traded with a steepening tone as the front-end outperformed

• Bund 2-year yields dipped 6.96bps on the week, the U.S. equivalent finished the week up 3.72bps. U.K., Canadian, and Antipodean curves saw similar developments, however, the move was closely matched by the 2-year AGB yield