Free Trial

Bund opens on the front foot, as Estoxx.......>

BUNDS
BUNDS: Bund opens on the front foot, as Estoxx fades some of its bid in early
European trading. Volumes are on the low side with the curve seeing small bull
steepening on the bell, but now on the margin, retracing with a small bear
flattening feel. 
-French, Italian and EC CPI will be in focus. 
Also included in terms of data, sees Spanish GDP but final reading here. 
*Attentions turns to supplies this morning, with Italian 5s and 10s, as well as
Germany EU3bn 2027. 
-Risk remains tilted to the upside on contagion fears, but upside could stay
limited into bidding deadlines this morning.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.