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BTP/Bund tightest since 2015

BUNDS

BTP breaks out higher, with some likely FM short covering.

  • Next resistance is at 153.00 Round number resistance
  • BTP/Bund spread break below the 05/01/16 low (mentioned this morning), and now eye 91.436 (02/02/2015).
  • Would be lowest levels since 2015

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