Polish T-bonds continue to weaken Thursday mid-day following Fed minutes

Polish T-bonds continue to lose on Thursday in nervous trade mid-day on the back of the hawkish overtone of Fed minutes, a local bond trader told PAP."Bonds are at weak levels, we have returned to the weakest levels seen in late June," PKO BP bond trader Maciej Popiel told PAP, attributing the decline to the message sent by Fed minutes. "The market remains nervous."According to Popiel, the behavior of foreign players will be decisive."The question is whether they will be reducing their positions," the expert said. "Local factors have no weight whatsoever; what is important is the growth of risk premium and rising yields on US Treasuries and German Bunds."BENCHMARK T-BONDS YIELDSThuThuWed12.009.3515.55 OK07153,073,063,06PS07183,853,833,79DS10234,524,504,46

Polish T-bonds continue to weaken Thursday mid-day following Fed minutes

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