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BUNDS: Italian Supply and German CPIs are at the forefront for Today

BUNDS
BundesbankEM BulletCentral Bank NewsEmerging Market NewsCEEMEAEurozoneGermanyBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • No surprises in seeing a more subdued overnight session for Bund and US Tnotes, Cash Markets are closed in the US, futures are open, but volumes in the Tnotes are really low, given Thanks Giving day.
  • Initial resistance in Bund was seen at 134.25 Yesterday, but it printed a 134.33 high, resistance moves up to that level for today.
  • Above the latter, would open to 134.68, equated to 2.10% in Yield Yesterday.
  • Support is seen a little further out, down to 133.39.
  • While there'll be no US Data for the session, today includes, Spain prelim CPI, German Regional/National CPIs, with German CPIs always a potential market mover.
  • SUPPLY: Italy €3.25bn 2029 (equates to 64.1k 2yr BTP, or 16.2k 10yr BTP), 2033, 2035 (equates combined to 31.5k BTP) should weigh into the bidding deadline.
  • SPEAKERS: ECB Villeroy, Knot, Lane.
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  • No surprises in seeing a more subdued overnight session for Bund and US Tnotes, Cash Markets are closed in the US, futures are open, but volumes in the Tnotes are really low, given Thanks Giving day.
  • Initial resistance in Bund was seen at 134.25 Yesterday, but it printed a 134.33 high, resistance moves up to that level for today.
  • Above the latter, would open to 134.68, equated to 2.10% in Yield Yesterday.
  • Support is seen a little further out, down to 133.39.
  • While there'll be no US Data for the session, today includes, Spain prelim CPI, German Regional/National CPIs, with German CPIs always a potential market mover.
  • SUPPLY: Italy €3.25bn 2029 (equates to 64.1k 2yr BTP, or 16.2k 10yr BTP), 2033, 2035 (equates combined to 31.5k BTP) should weigh into the bidding deadline.
  • SPEAKERS: ECB Villeroy, Knot, Lane.