Free Trial

Remains underpinned

BUNDS

Equity cash opens in negative territory, keeping the pullback higher in VGU0 limited.

  • Bund remains underpinned but in a tight 33 ticks range (176.50-176.83, low/high).
  • We have very little of note on the data front and focus this morning turns to French 4/5/7s supplies.
  • German 5/30s curve is on the margin bull flatter, but trading at mid range 62.661.
  • Peripherals, semi core are lagging behind, pushing BTP/Bund 1.5 bps tighter.at 139.4bps.

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.