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OAT/Bund spread lowest since April

BONDS
  • OAT/Bund spread continues to tighten in November, at new low, lowest since 25th April.
  • Downside continuation (tightening) opens to the April low at 44.56, and the March low at 41.39bps.
  • The latter is also the lowest print since the 1st February.

Chart source: MNI/Bloomberg

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