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Greek/Bund sees continued tightening

BONDS
  • Greek/Bund spread remains tighter today, but another 5.9bps, with the 10yr Greek Yield still trading below the US 10yr.
  • The Greek/German 10yr spread trades at its lowest level since October 2021.
  • Some investors will look for support at the 120.00bps mark, and a breakthrough the latter, opens to 115.38bps.

Chart source: MNI/Bloomberg

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