Germany sells EUR 4.633bln vs exp. EUR 6bln 2.10% 2028 Schatz: b/c 2.1x, average yield 2.14%, retention 22.8%

Germany's recent auction of EUR 4.633 billion in 2028 Schatz bonds, falling short of the expected EUR 6 billion, indicates weaker demand despite a decent bid-to-cover ratio of 2.1x.

Newsquawk StaffPublished On the live feed at 2 more headlines followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] Choppy trade in stocks; Banking sector outperform on the back of HSBC

UK proposes changes to Gambling commission fees

Germany sells EUR 4.633bln vs exp. EUR 6bln 2.10% 2028 Schatz: b/c 2.1x, average yield 2.14%, retention 22.8%

China Defence Minister says they are willing to enhance strategic coordination with China to improve capability to respond to various risks and challenges

Slovakia to file lawsuit against EU's ban of Russian gas imports, local press reports citing PM

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

The average yield of 2.14% points to a slightly bullish sentiment in the market, but the lower sale size suggests some caution among investors, which could impact the broader rate outlook and investor sentiment in the fixed income space.

Related headlines

The whole workspace, free to try.

Try it free