Sell down on a slight earnings miss despite the dividend hike a better connection for bouygues and the fed sparks a fresh bond market selloff with Janet Yellens final minutes pointing to a more hawkish rate hike approach, amid an improved Economic Outlook we are just getting the german ifo data out. Expectations came in at 105. 4 in february versus the Consensus Forecast of 11 110. 107. 9 the Business Climate index came in at 115. 4 versus a forecast of 117. All of the components of the ifo seemed to have dropped here. Thats coming off very, very high levels back in january. We had high levels back in januariment ty men january. The manufacturing component rose to a new high. Im curious to see where the Capacity Utilization number came in its up at 87. 9 versus an average of 87. 3 still above the longterm average. That Capacity Utilization number is crucial when you think about some of the inflationary pressures that could emerge in germany. Also switching to the construction, i would