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Further widening in the US/German 10yr spread

BONDS

US Tnotes/Bund spread is another 2.4bps wider in early trade, and extending further into highest levels since December, now targeting 165.00bps.

  • Most investors will look at the 170.00 handle for resistance, followed by the December high at 173.15bps.

Chart source: MNI/Bloomberg

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