HALISTER1: EGB Flow Shows Preference for Core vs Non-Core Into ECB: Citi

EGB Flow Shows Preference for Core vs Non-Core Into ECB: Citi

(Bloomberg) -- Net EGB buying was led by Germany while net selling was led by Italy last week, Citigroup strategist Aman Bansal writes in client note.
  • On the curve, net buying of the core was concentrated in the 5y-10y sectors
  • Net selling of the non-core was led by the 15y sector
  • There was small net buying of gilts last week
    • On the curve, net selling in the 30y sector continued for the sixth consecutive week, partially offsetting net buying of 10y and 30y+
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
2539Z GR (European Central Bank)

People
Aman Bansal (Citigroup Inc)

To de-activate this alert, click here

UUID: 7947283