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Greece vs Germany

BONDS
  • Another 4.6bps wider for the Greek/Bund spread, still trading at highest levels since May 2020.
  • Greek 10yr is also testing the 22/04/2020 high at 2.734%, printed a 2.733%
  • Next upside target for the Greek/Bund spread is at 255.69bps, now at 238bps.

Chart source: Bloomberg

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