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GLOBAL & REGIONAL DAILY (Thursday 10 June, 2021)

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GLOBAL & REGIONAL DAILY (Thursday 10 June, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

June 10  2021

Global Markets

10-yr US Treasury yields continued to move lower reflecting somewhat eased inflation concerns following the release of the last two non-farm payrolls reports which both came in weaker than expected. All eyes today are on the US CPI for May (13:30 London time) and the ECB policy meeting (rate announcement at 12:45 London time).

Greece

The Hellenic Republic tapped the markets on Wednesday as it raised €2.5 bn at a yield close to 0.9% by reopening a 10-year government bond issuance.

CESEE

The Serbian Ministry of Finance raised on Tuesday RSD5.9bn in 5-year bonds amid lukewarm investors’ interest. A next round of dialogue between Serbia and Kosovo is scheduled for June 15.

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