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A fairly subdued start for Bunds, with the....>

BUNDS
BUNDS: A fairly subdued start for Bunds, with the contract better bid on the
opening bell in light volumes, following on the Asian session. -We have nothing
of real note on the data front. 
We get ECB minutes and ECB Schnable and Mersrch are the scheduled speakers for
the day. 
*Technically, with no supplies, and risk tilted to the downside as Covid numbers
continues to rise, the contract will likely stay underpinned short term on safer
haven. 
-Curve play is so far unmoved, after a decent flattening yesterday -Peripheral
spreads are flat against the German 10 in the first 30 mins of trading
*Immediate resistance in Bund is seen at 176.37 High Jun 22

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