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Bund Tests Friday's low

BONDS
  • Bund is ticking below Friday's low and still underperforms core and semi core Bonds.
  • Although the Euribor is a touch steeper, German 2s/10s leans on the flatter side but well within this Month's range.
  • Initial support in Bund is still seen at 131.97.
  • BTP and OAT are sold in over 1k respectively, no blocks, just cumulative volumes.
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  • Bund is ticking below Friday's low and still underperforms core and semi core Bonds.
  • Although the Euribor is a touch steeper, German 2s/10s leans on the flatter side but well within this Month's range.
  • Initial support in Bund is still seen at 131.97.
  • BTP and OAT are sold in over 1k respectively, no blocks, just cumulative volumes.