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ALL EYES on US CPI

BUNDS
  • Bund remains underpinned overnight, after seeing an impressive 298 ticks rally since Tuesday.
  • Resistance moves down to 139.05, followed by 139.42.
  • Support comes at 138.01.
  • Today, ECB publishes Economic bulletin, and in terms of data, Italian IP is the only notable data out of Europe, with ALL EYES on the awaited US CPI.
  • SUPPLY: UK £3.5bn 2027 (equates to 14.3k Gilt), US sells $21bn 30yr Bond.
  • SPEAKERS: ECB de Cos, Schnabel, Kazimir, Vasle, BoE Ramsden, and Fed Kashkari, Waller, Harker, Logan, Daly, Mester, George.

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