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Targets 1.55% in Yield

BUNDS
  • BTP/Bund spread is widening and trading through the August high, printed last week.
  • The spread tightened from 231 down to 222bps last week.
  • Now back at 230.8bps.
  • Main initial resistance remains at 236.14bps, the July peak, and highest since June.
  • Bund is through another support and now eye 1.55% in Yield, equates to 147.84, printed 147.92 low so far.

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