BUNDS: US CPI and FOMC minutes the focus this week
Last updated at:Oct-10 06:22By: Fabrice Ben Hassine
Bond Market News+ 3
- Bund trades in a 40 pips range overnight and since the cash open.
- US are on Bank Holiday, screens still trades, but no Pit nor Cash.
- Despite being in the green, the contract remains near Friday's and the October low, printed 137.35 on Friday, with a Yield of 2.224% high, following the US NFP beat.
- Support is seen at 137.35, followed by 136.98.
- Small resistance moves down to 138.33.
- There's no tier 1 data set for release for today, with all the attention on the US CPI and FOMC minutes this week.
- SPEAKERS: ECB Centeno, de Cos, Lane, {us} Fed Evans, Brainard.