Free Trial

BTP/Bund widest since May

BONDS
  • BTP is heading back towards the session low, and finding some initial resistance at the 4.70% mark in Yield, printed a 4.70% high today.
  • Next resistance is at the 4.73%, the 2023 high.

Today, reference 110.31.

  • 4.73% = 110.04.

Move in BTP, is pushing the BTP/Bund spread further higher, wider by 4.4bps, and testing the 190bps handle.

  • This is the widest level since May.
  • Next upside targets are at 192.30bps, May's high and 196.90bps, March's high.

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.