Free Trial

A complete reversal in Italy/Germany spread....>

BTPS
BTPS: A complete reversal in Italy/Germany spread today. We started the session
with the spread widening over 20bps, but the BTP has since been rallying hard,
through that important initial resistance at 136.70, and even gained further
traction through 137.00. 
The BTP/Bund is now just over 5bps tighter. 
*The next big technical area further out will be seen towards 138.79 High Apr 16
and near-term key resistance. 
**ALL EYES are on the S&P Italian rating decision, post European market close.
(circa 21.00BST/16.00ET)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.