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A 230 ticks jump in Bund, and over 300 ticks range

CROSS ASSET
  • Over 200 ticks rally in Bund now since the French PMI.
  • 10yr Yield test 1.45%, in one of the largest move seen, besides the 16th June.
Reference 147.34:
  • 1.40% = 148.24.

EURUSD is through another session lows on the Bund rally.
Support is seen further out, towards 1.0445 (17th June low).

Chart source: MNI/Bloomberg

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