Free Trial

Bunds Rally Ahead of Preliminary PMI Data

BUNDS
  • Bund futures have rallied through the morning, mirroring the move in USTs. RXZ2 trades at 135.88, 7 ticks off the day's high.
  • Preliminary PMI data for October will be published for Germany, France and the Eurozone this morning, ahead of this week's ECB meeting.
  • Several GC members have recently argued that the ECB will continue raising policy rates into a slowdown given the persistence of the inflation shock and risk of inflation expectations becoming unanchored.

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.