Free Trial

BTP/Bund widens by 2.7bps

BONDS
  • With BTP now heading towards the 4.95% (equates to 108.21), and futures underperforming the German 10yr, BTP/Bund spread widens 2.7bps.
  • Immediate resistance is at 205.69bps, the October high, and the widest print since March.
  • Further out, above the Psychological 210.00bps, would see 213.6bps, the 61.8% retrace of the Sep22/june23 fall.

Chart source: MNI/Bloomberg.

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.