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PolGBs Remain Firm, 10Y Breaks July 20 Trendline

POLAND
  • PolGBs continue to trade firmly this week, kicking off today's session in the green in line with both Hungarian and Czech bonds.
  • Czech bonds lead the way this morning, however, bull flattening after a number of successively weaker sessions this week.
  • PolGBs end the week firmer across the breadth of the curve with outperformance concentrated in the 7-10Y section of the curve -9-11bp.
  • Poland's 10Y confirmed a break below trendline support from the July 20 low, opening up support below at 1.65 & 1.60.


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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