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Day ahead

BUNDS

A Steady open for Bund , with the contract trading near the 172.00 figure.

  • We have traded either side of that handle for the past 5 days, with attention turning to the US NFP Friday.
  • German curve is flat but we remain at steepest level since 17/06.Notable data for today are, Spanish CPI and German regional/National CPI, but unlikely to move the needle.
  • More speakers are scheduled but unlikely to hear anything new, since we have heard from them previously.
  • Today includes, Fed Barkin (At MNI Event), and ECB Lagarde, Villeroy, Weidmann, BoE Hauser.
  • SUPPLIES: NGEU EUR Benchmark 5, 30s

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