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BUNDS
  • Very little change for Bund, trades within Yesterday range and hovers closer to Yesterday low situated at 130.79, printed a 130.89 low overnight.
  • Support is unchanged and still at 130.47 (gap), while resistance is seen at 131.40, followed by 131.82.
  • There's no data of note out of Europe, and the focus will be on the US with, US IJC, prelim durable goods, and final Michigan ahead of Thanks Giving day Tomorrow..
  • SUPPLY: Italy 2033 (Equates to 27.7k BTP) could weigh, the rest are multiple buybacks of 2024s. Germany 2035, 2038 (equates combined 13.7k Bund) should have no impact.
  • SPEAKERS: ECB Centeno, Nagel, but unlikely to learn anything new.

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