MARKET OUTLOOK - Investors Should Consider Buying German Government Bonds
Forex - Christoph Rieger from Commerzbank Research stated that investors should consider purchasing 10-year German Bunds with a yield of 2.4% due to temporary signs of stability in the bond markets. Head of Interest and Credit Research, Rieger mentioned in a note, "Bunds have been stuck in a small trading range of approximately 2.3% to 2.4% for 10-year yields following the US elections." Eurozone bondholders are expected to focus on the final October HICP data at 1300 CET.