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German Yields continue to rally

BUNDS
  • Bund is making further 2011 high in Yield, and next Yield area of interest comes at 2.60% = 133.35, followed by 2.65% = 132.78.
  • Gilt has caught up with Bund, pushing the Gilt/Bund spread wider.
  • Next upside resistance comes at 129.21bps, the 2023 high.

Chart source: MNI/Bloomberg.

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