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BTP/Bund spread test the 180.00bps handle

BUNDS
  • Small tightening in the BTP/Bund in early trade and once again testing the 180.00bps handle, and below the Nov and Dec low.
  • A clear break through the 180.00 mark, would open to 170.05bps, the 50% retrace of the Feb21-Sep22/Oct22 double top.

Chart source: MNI/Bloomberg

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