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Italian BTP leads Govies lower

BONDS
  • BTP leads EGB lower, and Bund now eye Friday's low at 165.72.
  • Gilts sold in 1k, OAT in over 1k.
  • German 5/30s is at session low.
  • Note we printed a 25.319 low on Friday, flattest level since February 2019, now at 28.855.

Italy yield terms:

  • 1.80% = 140.34 testing now
  • 1.90% = 139.20
  • 2.00% - 138.06

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