... Late yesterday, President Obama hiked the income tax increase threshold to USD 400,000 from USD 250,000 indicating that the differences between the parties are narrowing.
- Core fixed income markets opened with losses as the T-Note trended lower overnight, however Bunds have retraced much of their losses, as initial optimism of a fiscal resolution from the US fades.
- Volumes remain light heading into the close of the calendar year.
- UK inflation data next up at 0930GMT.
Print 09:12, 18 Dec 2012 - Market Analysis - Source: RANsquawk
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