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Focus on Italian supplies this morning

BUNDS

Bund trades bull flatter on the open.

  • But slightly more focus on BTP on the open, with the contract trading near the record high printed yesterday at 152.98 and in turn a record low for 10yr yield. Record low here yesterday was 0.489%, now trading at 0.493%
  • Focus today, no data of note, beside the IJC.
  • Speakers sees Villeroy, de Guindos and Knot
  • SUPPLIES: Most of the focus will be on the Italian 3, 7, and 20yr supplies (equates 61k BTP or 46.5k Bund)

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