HALISTER1: Core EGB Demand Still Positive But Declining, Flows Show: Citi

Core EGB Demand Still Positive But Declining, Flows Show: Citi

(Bloomberg) -- Net demand for core EGBs remained positive for a ninth week, but the magnitude of demand has fallen sharply over recent weeks, Citigroup strategist Aman Bansal writes in client note.
  • Net buying in EGBS last week was led by France while Germany led net selling
  • Euro linkers saw net selling last week, led by Bundei
    • In contrast, French linkers saw net buying after Francois Fillon led in the first round of Conservative primaries
  • Linker gilts continued to see net selling for a third week, concentrated in the 30y+ sector
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Aman Bansal (Citigroup Inc)
Francois Fillon (French Republic)

To de-activate this alert, click here

UUID: 7947283