Rates Spark: Waiting Game

In the broader supply context, eyes are also on the EU, ahead of an anticipated 10Y sale next week as a first financing transaction for the NGEU. Today the EU will hold investor calls for the transaction as well as this year’s funding plan which sees €80bn of bond issuance.

The US treasury kicks off this week’s supply with a US$58bn 3Y note sale today.

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Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

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