Free Trial

A busy day ahead

BUNDS

Bund test session low, just breaking out of the 10 ticks wide overnight range.

  • Short term outlook hasn't change, with safer haven favoured, on the back of lockdown concerns and the risk to vaccination pace.
  • Today is a fairly busy day, with National European prelim PMIs,.
  • Germany is due to sign 2022 Budget plan.
  • On the speaker front, ECB Lagarde is scheduled, but this will be a pre recorded message on climate change.
  • Out of the US, sees Powell Yellen at Senate Banking panel, Fed Barkin, Williams, Daly, Evans
  • SUPPLIES: German 10yr EU4bn (equate circa 27k Bunds). And on the other side of the pond, US 5yr $26bn

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.