Christoph Rieger
Christoph Rieger
bond decline due economic equity pull today yields
It's an equity story today in the bond markets. The equities decline is probably due to worsening economic fundamentals, so that will also pull yields down.
favorable grind higher numbers recent small
Recent numbers have been very favorable for euro-zone growth. We may see a small grind higher in yields.
bonds chance economy european giving heading looking sound
Things are looking much better in the European economy and that's giving the ECB the chance to sound much more hawkish. That's going to keep bonds heading lower.
build five longs looking people percent start
Five percent is a very important psychological level. People could start looking to build up longs at these levels.
auction expecting good onto people push putting result short supply term yields
We've got a lot of supply so that's putting Treasuries onto a bearish footing. People aren't expecting a good result from the auction and in the short term yields can push higher.