German 6-Month Bubill Auction 1.975% (Prev. 1.986%)
The German 6-Month Bubill auction cleared at 1.975%, slightly lower than the previous auction's 1.986%.
The IRGC naval forces are conducting manoeuvres in the Strait of Hormuz to test readiness and review military operations to confront threats, Al Jazeera reports citing Iranian TV
UK's PM Starmer on defence spending, says they need to move faster
German 6-Month Bubill Auction 1.975% (Prev. 1.986%)
EU Industrial Production MoM (Dec) M/M -1.4% vs. Exp. -1.5% (Prev. 0.3%, Rev. From 0.7%, Low. -2.4%, High. -0.2%)
EU Industrial Production YoY (Dec) Y/Y 1.2% vs. Exp. 1.3% (Prev. 2.2%, Rev. From 2.5%, Low. 0.5%, High. 2.4%)
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This marginal decrease in yield suggests slightly stronger demand, though the change might not be significant enough to alter market sentiment. Watch for any implications this may have on broader European bond yields and risk sentiment in fixed income markets.
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