Bunds are steady ahead of euro-zone macro data with December preliminary manufacturing and services data for France, Germany and the euro zone due from 0800 GMT onwards. Issuance wise, there are no major bond auctions Friday with the supply calendar now set to be very quiet through year-end. Asian equity markets are higher, boosted by improving Chinese manufacturing data, with Japanese stocks up ahead of Sunday's election. March Bund is 0.09 lower at 144.97 and the 10-year cash yields 1.365%.
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