April 29, 2022 12:14 GMT
Gilt/Bund spread, tightest since July 2021
BONDS
- Continued tightening of the Gilt/Bund spread, by another 1.6bp today.
- The spread now trends to lowest (tightest) level since July 2021.
- Next immediate targets comes at 95.50, the 50% retrace of the 2020/2022 widening.
Chart source: MNI/Bloomberg
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