An uptick in equities and crude oil seems to apply cross-market pressure to core global FI markets, while incoming supply from Spain and France will also be weighing.
- Little of note on the macro headline front since the firmer-than-expected German factory orders data, with comments out of China’s MOFCOM revealing little new re: Sino-U.S. trade.
- Bunds twist steeper, gilt yields flat to 1bp higher and Tsys see a parallel ~2bp shift higher in yields.