November 15, 2023 08:37 GMT
Italian 10yr Yield lowest since mid September
BTP
- Although just off its open high, BTP trades at its highest level since mid Sep, and the 10yr Yield lowest since the 15th September.
- IR Cash/Swap desks will keep close eye on Yields going forward, it we get further downside breakouts.
- Resistance in futures is at 114.01.
- In Yield terms, there isn't much until the 4.30%.
- Reference 113.68, that Yield level would equate to 114.37.
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