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Govies and STIRs extending gains across the board

BONDS
  • Continued massive rallies across Govies and STIRs.
  • BTP next resistance is at 125.11 High Jun 1.
  • Gilt sees 115.55 High Jun 6.
  • Bund test immediate resistance at 150.06 61.8% retracement of the May 12 - Jun 16 bear leg.
  • Large buying in Treasuries, with 2y, 5y, 10y, 20yr and 30yr all lifted.
  • Next resistance in TYU2 is at 119-16+ High Jun 1

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