14/08/2013

Good morning all,

Bund bricks, what I saw in the bunds yesterday.

More Nikkei strength in the last couple of hours, nothiung on the Ten Year to suggest any short covering in bonds just yet.

Need to pull out to longer time frame to find supports now.

 

Very much in dip buying mode on curves. I imagine a test of yesterdays bond lows before any kind of retracement.

As expected bor spreads flattened.

Ger GDP and UK minutes to look out for today plus German 10 year auction could be interesting.

 

Good luck

L