Free Trial

Peripheral spreads test Psychological levels

BONDS
  • Some small divergence between the OAT/Bund spread and the BTP/Bund.
  • French/German 10yr is 0.2bps tighter, while the Italian/German 10yr is 0.8bp wider.
  • Regardless, both spreads still trade below their next Psychological levels of 48bps for France and 150bps for Italy.
  • Next support in OAT/Bund is still seen at 47.04bps.
  • And for BTP/Bund, this comes at 145.84bps, the March 2022 low.

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.