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German and US curves

  • A mixed price action in the German curve, with 2s/10s bull flatter but short of yesterday's low at 45.813, now at the lower part of today's range at 46.949.
  • While 5/30s lean bull steeper as we test through yesterday's high 88.616 and steepest since last Thursday.
  • On the other hand, US 5/30s lean flatter, near Tuesday's low at 119.838, now at 120.449.
  • Note that the range in the US 5/30s is pretty tight (119.924-122.862)

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