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Gilt/Bund spread has tightened 13bps this week

GILTS
  • Gilt/Bund spread continues to tighten today, and the spread has lost 13bps this week, after it made an attempt at the October 2021 high at 130.7364.
  • The Gilt/Bund spread printed a 130.2905 high on Monday.
  • The October 2021 high was also the highest print since the 4th May 2016.
  • The spread eye support at 117.7541, now trading at 118.5bps

Chart source: Bloomberg

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