Free Trial

BTP/Bund spread hovers near support

BONDS
  • The BTP is back at pre Italian CPI level, but futures still lag Bund translating in 1.2bp wider Italy/Bund spread.
  • The spread is still at some interesting levels and finding some support ahead of the 180.00bps mark.
  • Immediate support is at 179.29, the 31st March low.
  • Below the latter, would see 173.66bps, the March low, followed by 169.85bps, the January and the 2023 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.