Free Trial

German 2yr Yield Extends Gain on Back of Buoyant PMIs

BONDS
  • German 2yr Yield continues to trade towards it highest level since 2008, did print a 2.949% high last week vs 2.939% high today.
  • Extension higher for the short-end follows the better-than-expected PMI releases across France, Germany and the Eurozone - with the services sector a particular highlight.
  • Schatz printed a 105.22 low last week, and will be seen as the fist support.

In Yield terms, reference 105.26:

  • 3.0% = 105.17

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.