Czech bonds with no domestic incentives followed the development on euro zone markets on Friday. However, trading volumes were low and the morning drop was slowly corrected during the day. At the end of the day Czech yields closed slightly higher as well as their European counterparts.
No Czech event is scheduled for today. Only tomorrow’s industrial production could give some domestic signal for the Czech market. Therefore the euro zone bond development remains the main impulse for domestic market movement on Monday.
(CSOB - Investment research)