Core and semi core stay offered

Core and semi core remains better offered throughout the European session.

Bund saw short term play long, bail out.

• This morning piece on Bond strategist recommending shorting Bunds into the ECB (Thursday) has been one of the contributing factor.
• "Barclays short via swaps, Goldman says sell 30-year bunds"
• Also, news that Pfizer, BioNTech will raise the delivery amount to the EU, which will bring the total number of doses this yr to 600mln,have been the contributing factors.
• Peripheral spreads are tighter against the German 10yr.Greec leads at 2.9bps.
• Looking ahead, at 13.15ET, The US President meets with a bipartisan group of Members of Congress to discuss historic investments in the American Jobs Plan
• Bund futures are down -0.54 today at 170.37 with 10y Bund yields up 3.4bp at -0.230% and Schatz yields up 1.2bp at -0.684%
• BTP futures are down -0.45 today at 147.88 with 10y yields up 4.1bp at 0.787% and 2y yields up 1.3bp at -0.347%.
• OAT futures are down -0.48 today at 161.05 with 10y yields up 3.0bp at 0.019% and 2y yields up 1.1bp at -0.653%.