European stock market close and Fixed Income round up 13 May 2016
European bonds
Fixed Income review courtesy of James Hirai at Livesquawk
"Bunds had an uneventful session with little data and or speakers and took the opportunity to consolidate ahead of the weekend. German Q1 GDP (small beat) and German CPI (in-line) released on the open failed to cap gains, as Bunds played catch up to UST gains in the Asian session. But resistance at 164.15 (the low shortly after the open on Thursday) held and Bunds subsequently ranged sideways, brushing off Eurozone Q1 GDP (small miss) before breaking sharply led by Bobls.