OAT: French 10yr Yield levels update

• The Nokkie has now taken over the USD as the best performing Currency against the EUR within G10 FX.
• WTI is fully reversing Friday's losses, and a test up to $66.74 would match Friday's printed high.
• Commodity Traders will likely suggest that the Trade deal has put some impetus, and the higher Oil is underpinning the NOK.
• Next support in EURNOK is still some ~6.4 big figures away, down to 11.7800, the July low.

Decent corporate bond issuance this morning likely to slow down after Wednesday's FOMC policy annc as corporate earnings continue.

• Date $MM Issuer (Priced *, Launch #)
• 07/28 $1.95B Advance Auto 5NC2 7.125%, 8NC3 7.5%
• 07/28 $1.5B Community Health Systems 8.5NC3
• 07/28 $Benchmark RBC 4NC3 +80a, 4NC3 SOFR, 6NC5 +90a, 6NC5 SOFR 
• 07/28 $Benchmark Deutsche Bank 6NC5 +125a, 6NC5 SOFR
• 07/28 $Benchmark Ally Financial 8NC7 +165a
• 07/28 $Benchmark M&T Bank 10NC5 +175a
• 07/28 $Benchmark Mexico 5Y +200a
• 07/28 $650M EW Scripps 5NC2
• 07/25 No new issuance Friday, $23.05B total issued on week