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Attention turns to the ECB

BUNDS
  • A subdued cash open for Bund, with attention turning to the ECB.
  • Curve is leaning flatter, although 5s/30s still trade circa last Friday's levels, following some of the pullback in the long end futures yesterday.
  • No tier 1 data out of Europe for the session, and out of the US sees IJC most notably.
  • Speakers include BoE Broadbent and ECB Lagarde's presser.
  • In term of supplies, we get US 10 TIP.
  • Earning season continues with US AT&T pre market, and Intel and Twitter after market

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