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Jan inflation readings continue to beat consensus expectations

- (SE) - (UK) DMO sold £2.0B in 1.25% Oct 2041 Gilts; Avg Yield: 0.987% v 0.802% prior; bid-to-cover: 2.51x v 2.22x prior; Tail: bps v 0.1bps prior - (IT) Italy Debt Agency (Tesoro) sold €7.0B vs. €7.0B indicated in 12-month Billsl Avg Yield: -.0454% v -0.478% prior; Bid-to-cover: 1.39x v 1.53x prior Looking Ahead - (EU) Daily ECB Liquidity Stats - (CH)) Switzerland to sell 2031 and 2042 Bonds - - 06:00 (PT) Portugal Q4 Unemployment Rate: No est v 7.8% prior - 06:00 (PT) Portugal Jan Final CPI M/M: No est v -0.3% prelim; Y/Y: No est v 0.3% prelim - 06:00 (PT) Portugal Jan Final CPI EU Harmonized M/M: No est v -0.3% prelim; Y/Y: No est v 0.2% prelim

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