Czech bonds were little changed for the most of the Friday’s session. However, they tracked sharply higher US treasuries in last minutes of the session. Thus the yields lost some 5 bps, mainly at the end of the yield curve. There was no other impetus for the market.
Today’s the trade data hardly affect the bond market. Thus usual game, watch German Bunds, might be the key activity on the market.
(CSOB Investment research)