Shot down plane = Bund at 1.14%

“It was a fleeing day for investors due to uncontrollable events,” Bankinter experts point out. “Predictable factors continued going well.”

 

Although US new home sales were not good, at 9-month minimum, both the weekly unemployment report and the Philadelphia Fed surprised positively.

Spanish bonds (3, 8, and 18 years) were wonderfully placed (demand €8.750bn for a €2-3bn target), which allowed the B10Y to reduce its TIR from approx. 2.70% up to 2.65%.

 

 

 

About the Author

Ana Fuentes
Ana Fuentes is The Corner Editor-in-Chief. Currently based in Madrid, she has been a correspondent in New York, Beijing and Paris for several international media outlets such as Prisa Radio, Radio Netherlands or CNN en español. Ana holds a degree in Journalism from the Complutense University in Madrid and the Sorbonne University in Paris, and a Masters in Journalism from Spanish newspaper El País. You can contact her at: anaf[at]thecorner.eu

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