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BUNDS: German 10yr Yield gaps lower on the open

BUNDS
  • As expected the German 10yr Yield gaps lower on the open, down to 2.162%, lowest since 4th October.
  • OAT/Bund spreads jumps to 88.5bps wider, most will be looking at 90.00bps next, these are the widest levels since July 2012, as investors price fiscal and political risks in France.

(Chart source: MNI/Bloomberg):

 

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  • As expected the German 10yr Yield gaps lower on the open, down to 2.162%, lowest since 4th October.
  • OAT/Bund spreads jumps to 88.5bps wider, most will be looking at 90.00bps next, these are the widest levels since July 2012, as investors price fiscal and political risks in France.

(Chart source: MNI/Bloomberg):