Halister News

(Bloomberg) -- Demand for 5Y-10Y core euro-area bonds was the highest in a year last week, Citigroup strategist Aman Bansal writes in client note.

• At a country level, net buying was led by France, followed by Finland; Spain led net selling
• Euro linkers saw net buying for a second consecutive week led by Bundei, which has seen the highest net demand for a year
  • Demand for both Italy and Spain was negative over the last four weeks
• Gilts saw small net selling last week, led by the 10y sector
  • 30y sector saw small net buying after six weeks of net selling