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Continued widening in the BTP/Bund spread

BONDS
  • BTP/Bund spread sits wider in early trade, and widest since the 27th July.
  • Resistance are at the July high 236.14, and the June high at 240.47bps.
  • The June high was also the widest print since 07/05/20.
  • BTP/Bund is now at 232.2bps.

Chart source: MNI/Bloomberg

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