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BTP/Bund spread,100bps holds.

BONDS
  • BTP/Bund spread continues to find a short term base at 100.00bps.
  • We printed a 100.1972 low (tightest) yesterday.
  • This is also the lowest level since the 8th April.
  • The spread sits 1bp wider at 101.2

Chart source: Bloomberg

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