Saturday, 24 November 2012

Bunds Little Changed As Markets Wait On Eurogroup


Bunds little changed as markets wait on the Eurogroup, with a decision on a Greek debt deal due Monday. A half-day in the US Friday has also helped keep markets fairly quiet. Bunds recouped some of the week's losses early in the session, but drifted lower once more, helped by a surprisingly strong reading from Germany's Ifo business confidence indicator. As well as further headlines on Greece, market participants will be closely watching the result of Sunday's Catalan election. December Bunds are down 0.04 at 142.13, and the 10-year cash yield is 1.44%.

Share/Bookmark Find us on Google+

No comments:

Post a Comment