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Portugal vs Germany tightest since April

BUNDS
  • Portugal/Bund 10yr spreads has broken below the October low, and now tightest since 12th April.
  • Most will look at the 90.00bps for the next support area.
  • Similar for the Bonos/Bund spread, with the October low at 103.02bps, also the tightest spread since 29th April, now trading at 103.10bps.

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