Free Trial

BTP 10yr at new record low

BONDS

Despite a fairly tight 26 ticks range BTP session.

  • The contract has tested and printed yesterday's high at 152.88, in turn pushing Italian 10yr yield to a record 0.498% low
  • Most desk still still eye 153.00 next in BTP contract
  • Bund is seeing small selling here, but this is led by US treasuries as the US comes in.
  • Still worth keeping an eye on the BTP/Bund spread which is testing another multi year low towards 93.8bps
  • Support targets remains at 91.436 (02/12/15 low).
  • Further out and below the Psychological 90.00bps, would open to 87.5135 (12/03/15 low).

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.