Debt Ceiling Fatigue

Bored, get it over with....We all know this brinkmanship is all part of the grand plan. Once a last minute deal is done Euphoria in capital markets will lead to uncontrollable optimism. Even my grumpy dad will be happily asking me what stocks to put his hard earned into.


And we're back in the room
U.S. 10s pretty flat overnight so I don't expect any fireworks straight off the open in bunds. It is trading very heavy tho so I expect a test of the low at some point this am. With U.S. debt getting Fitched last night we do have a reason to buy bunds....So lets just sit on the fence and leave it to the Algo of least resistance to show us the way!
TY

Bund

 

€ curve

€teds

 

Schatz auction will be of interest. EU CPI may give some relief from all the Washington palaver!

 

Good luck

Lee