Free Trial

BUNDS: Testing immediate resistance

BUNDS
  • Bund is again testing the retracement Yield level of 2.197%, so far printed a 2.195% low.
  • Not seen any standout flow size, BTP is bought in 1.5k and OAT 1k.
  • US Tnotes is still lagging, helping keep the German/US 10yr spread below 210.00bps.
  • The German 10yr Yield level still holds in Bund, but further push lower would open to 2.175% = 133.92.
59 words

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.
  • Bund is again testing the retracement Yield level of 2.197%, so far printed a 2.195% low.
  • Not seen any standout flow size, BTP is bought in 1.5k and OAT 1k.
  • US Tnotes is still lagging, helping keep the German/US 10yr spread below 210.00bps.
  • The German 10yr Yield level still holds in Bund, but further push lower would open to 2.175% = 133.92.