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Italian 10y Yield breach the 2018 peak

BTP
  • Italian 10yr Yield has breached the 2018 peak, with future leading EGB lower.
  • The 10yr Yield is highest since January 2014.
  • Next support for BTP comes at 117.09 2.764 proj of the May 12 - 24 - 26 price swing and 117.00 (Psychological).

Chart source: MNI/Bloomberg

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