Free Trial

Test next Yield level

BUNDS
  • German Bund seems to have found some support at the next Yield level noted at 2.605% (38.2% retrace of the Mar/Oct), with this level equating to 130.94 Yesterday, printed a 130.92 high and a 2.606% low Yesterday.
  • Although the futures contract trades at its lower part of its tight overnight range post cash open, today's high is 130.93, so Yield should show a print quite close to that 2.605% level.
  • Further out sees, 2.564% = 131.38 (14th Sep low).
  • Support is seen towards 130.59 initially.
  • US IJC is the only notable data for the session.
  • ECB publishes Economic bulletin.
  • SUPPLY: US sells $24bn of 30yr notes.
  • SPEAKERS: Another busy day, but again unlikely to learn anything new besides the Data dependency, today includes, ECB Villeroy, Lane, Lagarde, BoE pill, Fed Bostic, Barkin, Paese, and Powell (after EU hours).

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.