Societe Generale: Anticipating a Slowdown in Government Bond Issuance in the Eurozone
Forex - Societe Generale's interest rate strategists suggested that the issuance of government bonds in the Eurozone will slow down in the coming weeks and will not exert pressure on yield spreads. The SocGen strategists noted that bond supply is expected to decrease towards the end of the year, as governments have nearly completed their financing, stating, "Therefore, it is unlikely that the supply will create pressure on country spreads."