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EGB supply and ECB minutes in focus

BUNDS
  • Bund remains elevated overnight and briefly broke yesterday's high on the cash open.
  • Resistance is seen at the next Yield support noted yesterday at 1.942%, which equated yesterday circa 140.99.
  • Support is at today's low, 140.17.
  • There's no tier 1 data for the session, Japan CPI later tonight will be watched.
  • ECB Publishes Account of December 2022 Policy Meeting.
  • SUPPLY: Early focus will be on supply, Spain 5s, 7s, 20s, France 2s, 5s, 7s, plus linkers. US $17bn 10yr TIPS.
  • SPEAKERS: ECB Lagarde Knot, Fed Collins, Brainard, Williams.

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