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Through session low, 10yr yield highest since March 2020

OAT
  • OATs through new lows, pushing 10yr generic yield to highest level since 25/03/2020.
  • Yield resistance comes at 0.224% the 25/03/20 high
  • France/German 10yr spread is just off yesterday widest level at 88.2893, wider by just 0.2bp so far today.
  • Nonetheless we are still trading at widest levels since June 2020


Chart source: Bloomberg

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