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European inflation continues to move higher

European inflation continues to move higher
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German IFO survey builds up optimism for growth in Q2 and beyond

- (NL) Netherlands Debt Agency (DSTA) sold €1.7B vs. €1.0-2.0B indicated range in 2.75% Jan 2047 DSL bonds; Avg Yield: 0.406% v 0.067% prior. Looking Ahead - (IL) Israel Apr Leading S Indicator M/M: No est v 0.5% prior. - (EU) Daily ECB Liquidity Stats. - 05:15 (CH) Switzerland to sell 3-month Bills. - 05:30 (HU) Hungary Debt Agency (AKK) to sell 3-Month Bills. - 05:30 (DE) Germany to sell €4.0B in 12-month Bulls. - 05:30 (EU) ECB allotment in 7-Day Main Refinancing Tender (MRO). - 05:30 (ZA) South Africa to sell combined ZAR3.9B in 2030, 2032, and 2035 bonds. - 06:00 (UK) May CBI Retailing Reported Sales: 28e v 20 prior; Total Distribution Reported Sales: No est v 30 prior.

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