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Italian 10yr Yield clears the 2023 low.

BONDS
  • BTP and OAT are still leading, but French 10yr futures lags somewhat, as Italian 10yr Yield continues to clear the 2023 low.
  • The French 2.53% March low in 10yr Yield still holds, equates to 131.85, so far printed a 2.538% low.
  • BTP/Bund spread is now 4bps tighter and still eyeing the 160.00bps mark next.

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