Bunds retain their safe-haven bid ahead of a busy economic calendar for Thursday. Attention will be mainly focused on GDP data coming out of the euro zone, with the preliminary estimate of euro-zone GDP released at 1000 GMT. In the supply space, France taps three shorter-dated bonds for a total of up to EUR7.5 billion at 0950 GMT, ECB President Mario Draghi speaks in Milan at 1100 GMT, while later in the session German Chancellor Angela Merkel meets separately with French Prime Minister Jean-Marc Ayrault and Dutch Prime Minister Mark Rutte. The December contract is 0.19 to the good at 143.33 and the yield on the 10-year slips 2bps lower to 1.323%.
Find us on Google+
No comments:
Post a Comment