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Bund falls 25 ticks

BUNDS
  • Bund fell 25 ticks post French CPI, which saw the EU Harmonized MoM at 0.6% vs 0.5% consensus and the YoY at 2.4% vs 2.2% consensus.
  • Bund printed a 130.65 low, but has bounced a few ticks since the release.
  • In FX, the EURUSD sees a small 12 pips bounce following the French data, but still only trading in a 34 pips range.
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  • Bund fell 25 ticks post French CPI, which saw the EU Harmonized MoM at 0.6% vs 0.5% consensus and the YoY at 2.4% vs 2.2% consensus.
  • Bund printed a 130.65 low, but has bounced a few ticks since the release.
  • In FX, the EURUSD sees a small 12 pips bounce following the French data, but still only trading in a 34 pips range.