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Small bids on the cash open

BUNDS
  • Mostly buying interest going through on the Bund European cash open. US Tnotes and Equities test session highs, with contracts, bouncing off their lows, following the big sell off seen last Thursday (on Hawk CBs), and Friday (NFP).
  • Bund is also seeing a bid on the back of accelerating outbreaks number over the weekend in Germany.
  • Focus this week turns to the US inflation data.
  • There is no tier 1 data for the session.
  • ECB Lagarde gives introductory statement at hearing of European Parliament's Economic and Monetary Affairs Commitee

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