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A sanguine overnight session for German.......>

BUNDS
BUNDS: A sanguine overnight session for German fixed income futures, trading
little changed as we approach traditional European hours.
- Australian CPI, followed by soft IFO data set the tone for the space
yesterday, dragging the complex higher, with a bid in Tsys also helping during
the European afternoon.
- The European docket is somewhat limited today, but we will hear from ECB Vice
President de Guindos.
- It is also worth highlighting that peripheral tensions continue to attract
interest, with Spanish elections drawing ever closer and political tensions
simmering in Italy. S&P will review credit ratings for both Italy & Greece on
Friday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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