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BTP test the figure

BONDS
  • With the BTP testing the 109.00 figure, next immediate support is still seen at the 108.74/108.71 area.
  • The contract did trade as low as 108.08 last Thursday, when Yields across the board hit fresh multi Months, multi year highs.
  • The 10yr Yield printed a 4.955% on that day, the highest print since February 2013.

Today reference 109.06:

  • 4.955% = 108.11.
  • 5.000% = 107.73.

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