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10yr Yield, highest since 2018

BTP
  • BTP futures, down 245 ticks.10yr Yield is at highest level since November 2018.
  • Next big upside target would be at 3.808%, the 2018 peak, and highest print since February 2014.
  • Reference 120.05 = 117.70.
  • Next support is seen at 119.14 2.236 proj of the May 12 - 24 - 26 price swing.

Chart source: MNI/Bloomberg

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