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Speakers and US inflation in focus

BUNDS
  • A very light overnight session for Bund.
  • Nothing really new from ECB Muller and Villeroy this morning, German final CPI was in line with consensus.
  • Attention for today is squarely on the US inflation.
  • In terms of early tech, resistance for the contract remains at 153.25, while support moves up to 152.15.
  • There are no tier 1 data left for Europe, out of the US, sees CPI, AHE and Monthly budget statement.
  • SUPPLY: German EU4bn Bund (equates to 26.4k Bund), Portugal 2030, UK £2.5bn 2029 (equates to 15k Gilt) , US sells 10y note, NGEU 3y benchmark, EUR 2051 tap.
  • SPEAKERS: A packed day for ECB with Lagarde, Elderson, Nagel, Vasle, Makhlouf, Knot, Schnabel, Centeno, Buch, Muller, while Fed Bostic will discuss Economy on Mon Pol.

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