May 24, 2024 12:14 GMT
German 2yr Yield highest since October
BONDS
- A clear pick up in Volumes in Govies, with the German 2yr Schatz printing a new contract low, pushing the Yield through 3.10%, now at 3.114% and above the November high.
Focus are right back on Yield in terms of technical, today reference 104.895:
- 3.124% = 104.875 (76.4% retrace of the Sep/Jan fall).
- 3.150% = 104.83.
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