October 05, 2023 07:34 GMT
BTP/Bund spread test the March high
- With BTP futures lagging Bund, the BTP/Bund spread widens by another 3bps, and we are now testing the March high situated at 196.90bps.
- Most investors will keep an eye on the 200.00bps mark, but next resistance will be seen towards 202.45bps.
Chart source: MNI/Bloomberg