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Pushing higher

EGB FLOWS
BTP grinds higher and through new session high.
  • The contract found an underlying bid on Villeroy's comments on the reduction purchase in Q3 and Q4 as speculative.
  • Technically, next upside target comes at 146.84 Low Feb 26 and recent breakout level
  • In yields term, support comes at 0.930%, which would equate to 147.12
  • Italian 10yr yield trade 0.965%
  • Bund test immediate resistance here at 169.62 20-day EMA

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