MNI BRIEF: Risks To Growth Evident, Await Dec Forecasts -Rehn

MNI China Daily Summary: Tuesday, November 12

MNI: GERMANY OCTOBER FINAL HICP +0.4% M/M

MNI BRIEF: Prolonged Tightening If Expectations Worsen - BCB

MNI: PBOC Net Injects CNY107.2 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1927 Tues; +1.32% Y/Y

MNI: US REDBOOK: NOV STORE SALES +4.8% V YR AGO MO

MNI: CANADIAN SEP BUILDING PERMITS +11.5% MOM

US NFIB OCT SMALL BUSINESS INDEX 93.7

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BUNDS: The 2% Yield level holds

BUNDS
BundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • Bund saw a full clearance of the August low in Yield Yesterday, as more desks look for a ECB cut at its next meeting, while the moves in US Treasuries have been somewhat more contained overall despite the more volatile Week, Data, speakers and War risks events.
  • Risk remains tilted to the upside in Bund, but the German 10yr Yield has still not quite managed to break the 2024 low, instead finding some fading interest ahead of the 2.00%, mark, printed a 2.010% low Yesterday.
  • Below the Psychological 2% level, supports are seen at 1.974%, and 1.893%.
  • Small support in Bund futures moves up to 135.53, followed by the 135.12 area.
    US ADP is the only tier 1 data release for today, but there's still plenty of important data to take down into the end of the Week.
  • BOE will release its Financial Policy Committee minutes.
  • SUPPLY: UK £4bn 2029 (would equate to 15.9k Gilt) should have limited impact, German €4.5bn 10yr Bund (Equates to 38.3k Bund) could weigh into the bidding deadline.
  • SPEAKERS: ECB Guindos, Kazaks, Lane, Simkus, Elderson, Schnabel, Fed Hammack, Musalem, Bowman, Barkin.
179 words

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.
  • Bund saw a full clearance of the August low in Yield Yesterday, as more desks look for a ECB cut at its next meeting, while the moves in US Treasuries have been somewhat more contained overall despite the more volatile Week, Data, speakers and War risks events.
  • Risk remains tilted to the upside in Bund, but the German 10yr Yield has still not quite managed to break the 2024 low, instead finding some fading interest ahead of the 2.00%, mark, printed a 2.010% low Yesterday.
  • Below the Psychological 2% level, supports are seen at 1.974%, and 1.893%.
  • Small support in Bund futures moves up to 135.53, followed by the 135.12 area.
    US ADP is the only tier 1 data release for today, but there's still plenty of important data to take down into the end of the Week.
  • BOE will release its Financial Policy Committee minutes.
  • SUPPLY: UK £4bn 2029 (would equate to 15.9k Gilt) should have limited impact, German €4.5bn 10yr Bund (Equates to 38.3k Bund) could weigh into the bidding deadline.
  • SPEAKERS: ECB Guindos, Kazaks, Lane, Simkus, Elderson, Schnabel, Fed Hammack, Musalem, Bowman, Barkin.