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PolGBs Firm Against the Grain in EM, CzechGBs REsume Bear Flattening

POLAND
  • PolGBs open firmer on the margins, alongside Hungary while Czech bonds continue to bear flatten at the front end.
  • PolGBs ended yesterday's session firmer with gains distributed evenly across the curve -1.3-1.9bp lower.
  • 10Y yields continue to drift lower towards the 38.2% Fib of the Jan-May range, with next downside levels coming in at 1.651, 1.554 & 1.50 while 1.80 remains key topside resistance.

  • PolGB 10Y


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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