They were up first time in two weeks. The yield curve fell by 3 bps same as euro curve. In the morning, the January PPI figure was pretty in line with expectation (0.3 % y/y), therefore it didn’t affect the market. Also C/A data had minimal effect. A worldwide change in expectation of rise in official rates helped even the Czech market the most.
Today no data are due thus German Bund development might be decisive.
(CSOB - Investment research)