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Gilt/Bund spread eyeing 205.00bps

BONDS
  • Gilt/Bund spread is another 2.8bps wider, as UK Yields spike higher, since the open.
  • The spread is clear through the 200bps level, now at 204.00, with next area of interest at 205.00bps.
  • Further out, main level is at 212.72bps, the October 2022 high.

Chart source: MNI.Bloomberg

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