Bunds- pressure into supply

Discussion in 'Index Futures' started by dfuller33, Feb 13, 2008.

  1. Bunds: supply weighing now into the 10.00GMT bidding deadline.Turnover y'day in the street suggests the auction should get taken down ok. Some buyers' of Jan18s ahead of the auction. The paper is not particularly cheap but was expesive last week- desks' believe it's simply seeing some profit taking. France is outperforming today, 15yr not cheapening on the day. Bunds- holding in well relative to previous auctions, which saw the mkt get murdered into the supply- so there should be some real demand out there. Support eyed here at 116.66, then116.43.