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US inflation and Powell in focus this week

BUNDS
  • A light, tight cash open for Bunds, with the contract trading within Friday's 173.87-174.32 range.
  • Curves, 2s/10s and 5s/30s are trading flat on the margin.
  • Focus this week turns to the US, with Inflation data (CPI) tomorrow, and Fed Powell' testimony on Wednesday.
  • Today, sees no tier 1 data for the session, while speakers include ECB de Guindos and Fed Kashkari
  • SUPPLIES: US 3yr $58bn, and 10yr $38bn

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