Free Trial

OAT/Bund spread likely leads Equities

CROSS ASSET
  • OAT/Bund spread is back at that key initial resistance of 65bps, was the 2024 high and the widest level since 2020, and this could also be playing a part in the EU Risk Off tone.
  • The spread is now trading at its highest level since 2017, with resistance seen at 67.4bps, the March 2017 high.

Chart source: MNI/Bloomberg

67 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • OAT/Bund spread is back at that key initial resistance of 65bps, was the 2024 high and the widest level since 2020, and this could also be playing a part in the EU Risk Off tone.
  • The spread is now trading at its highest level since 2017, with resistance seen at 67.4bps, the March 2017 high.

Chart source: MNI/Bloomberg