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BTP/Bund spread at 4 months low

BONDS
  • The outperformance in BTP future, push the BTP/Bund spread 5.1bps tighter, lowest since the 8th July.
  • Support comes at that date's low 192.76.
  • A clear through the latter and the psychological 190.00bps, would eye the June low at 183.53.

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