HALISTER1: Net Buying of Core EGBs Last Week Lead by Germany, France: Citi

Net Buying of Core EGBs Last Week Lead by Germany, France: Citi

(Bloomberg) -- Last week saw net buying of core in both 10y and 30y sectors, taking the 4-week demand to its highest level in a year for both the sectors, led by German and French bonds, Citigroup strategist Aman Bansal writes in client note.
  • Demand for the non-core was flat, with net buying in Italy offset by net selling in Spain
  • Net-selling of euro linkers last week across the board, but led by Italy
  • Gilts saw net selling last week led by the fifth consecutive week of net selling in the 30y sector
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Source: BFW (Bloomberg First Word)

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Aman Bansal (Citigroup Inc)

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