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BONDS: Italy/Germany 2yr widening

BONDS
  • Short BTP vs Schatz spread flow, suggest some 2yr widening.
  • The Italian/German 2yr spread is finding some demand at the 40bps mark, printed a ~40.5bps low last Week, the tightest print since March 2023.
  • BTSK4 1k at 107.71.
  • DUZ4 1.26k at 107.155.
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  • Short BTP vs Schatz spread flow, suggest some 2yr widening.
  • The Italian/German 2yr spread is finding some demand at the 40bps mark, printed a ~40.5bps low last Week, the tightest print since March 2023.
  • BTSK4 1k at 107.71.
  • DUZ4 1.26k at 107.155.