November 22, 2024 08:59 GMT
BUNDS: German 10yr Yield falls towards 2.25%
BUNDS
BundesbankCentral Bank NewsCEEMEAEurozoneGermanyBulletMarketsFixed Income BulletsForeign Exchange Bullets
- The German 10yr Bund has made a couple attempts at that 133.02 area, first time printed a 133.01 high, and now a 133.09.
- While some Investors, Cash and Swap traders will look at the 2.25% level in Yield, better is seen towards 2.24% (24th Oct low).
Today, reference 132.99:
- 2.240% = 133.24.
- 2.197% = 133.68 (61.8% retrace).
(Chart source).
54 words