Tag Archives: BUND

German government bonds are trading higher Tuesday, taking cue from weakness in stocks and unsubstantiated market talk relating to ‘large demonstrations’ and ‘unusual troop movements’ in Beijing. The talk is a military coup has taken place and is largely on microblogs in mainland China.

German government bonds are opening lower Thursday and extending strong sell-off in the bond market from the previous session, as risk-on sentiment continue to prevail. The benchmark 10-year Bund has so far found support ahead of the 2.00% yield level, but risks remain skewed lower as jitters in the UK Gilts market continue to dominate […]

German government bonds are trading lower midday Tuesday following upbeat German ZEW business sentiment survey and strong Italian T-bill auction results, which fuelled risk-on sentiment. June Bunds opened lower on profit-taking following strong gains seen in the previous session and ahead of the key FOMC rate decision later today.

German government bonds are trading little changed Friday as market awaits verdict from the ISDA to see if a credit event has occurred in the wake of the Greek PSI deal. Also eyed is US payrolls data.

German government bonds are trading lower into the New York session Thursday amid market talk of a high acceptance level of PSI in Greek debt swap deal. The last update on Greek language website (greekbanking.gr) suggests PSI take-up currently stands at between 77% and 79%, with some rumour that the take-up could be as high […]

German government bonds are opening moderately lower Wednesday, taking cue from weaker US Treasuries and ahead of 5-year supply from Germany and the U.K. Volumes are seen dominated by roll trading in Eurex ahead of the expiry of the Bund, Bobl and Schatz futures contracts.

German government bonds are opening higher Friday on risk-aversion after the Eurogroup delayed full payment of Greece’s second bailout package. The Eurogroup decided to hold back half of Greece’s E130bln bailout funds yesterday until it is satisfied Athens has implemented 38 austerity measures it agreed to.

German government bonds are trading lower into the New York session Thursday, amid risk-on trades with stocks higher and Italian & Spanish spreads tighter. However, Greek spreads are wider as markets trade cautiously amid ‘the ISDA (ides) of March’.

German government bonds trading mixed Wednesday with yield curve steeper in the wake of the ECB’s 3-year LTRO. Bunds came under pressure after ECB’s 3-year LTRO, where E529.5bln was alloted, with 800 banks bidding.

German government bonds are opening moderately lower Tuesday as focus turns to the ECB’s second 3-year LTRO tomorrow. Estimates for the 3-year LTRO remain mixed. Some banks have raised estimates, given ECB’s extension of eligible collateral in non-marketable asset category, but some banks also have lowered their estimates as the haircuts on the additional collateral […]

German government bonds trading higher into the New York session Monday, amid risk-aversion and stop loss buying after weekend G20 meeting failed to offer a quick fix for the Greek debt crisis.