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BUNDS: Testing initial support

BUNDS
  • Front Euribor (ERZ4) was initially lifted in 5.7k on the back of the lower fix, but this was met by decent seller, with Bund testing the initial support of 134.79.
  • There's above averages Volumes for Bund for this time of the day, while France's (OAT) volume is mostly on the back of the French supply.
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  • Front Euribor (ERZ4) was initially lifted in 5.7k on the back of the lower fix, but this was met by decent seller, with Bund testing the initial support of 134.79.
  • There's above averages Volumes for Bund for this time of the day, while France's (OAT) volume is mostly on the back of the French supply.