July 01, 2024 08:17 GMT
French 10yr Yield back above the 2024 high
BONDS
- The French 10yr Yield is back at that 2024 high, tested just above that level on Friday, and immediate support in Futures is right here.
- The price action sees Bund testing the next immediate support noted at 130.77, helping the helping the OAT/Bund spread back above 75bps.
- In terms of Yield, next resistance in the French 10yr is at 3.364%, which today reference 122.85, equates to 122.54.
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