German fiscal matters continue to dominate.....>

EGBS: German fiscal matters continue to dominate (with the U.S. Tsy conducting

its latest round of questioning re: the potential 50- & 100-Year issuance adding

to the mix). The main German FI contracts are little changed vs. settlement at

writing, Schatz +0.5, Bobls unch., Bunds +1.

- Weekend developments saw German FinMin Scholz suggest that Germany could

release EUR50bn in fiscal spending if the country falls into an economic crisis,

which is based upon assumptions surrounding extra borrowing during the GFC. As a

reminder Friday saw Der Spiegel report that German Chancellor Merkel & FinMin

Scholz are ready to run a budget deficit if the country goes into recession.

Elsewhere, Scholz noted that he expects interest rates to remain very low for

"the next few years", adding that firms should seize the opportunity of

suppressed borrowing costs to boost private sector investment.

- Italian PM Conte is set to address the country's Senate on Tuesday & could be

subjected to a no-confidence vote on the same day. At the moment he is also

scheduled to appear in front of the lower house on Wednesday.

- The Final EZ CPI readings headline a limited regional docket on Monday.