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Tnote/Bund spread widening this week

BONDS
  • Tnote/Bund spread continues to widen this week, as investors fades the tightening bias during the later part of 2022.
  • The spread printed its lowest level since September 2020 on the 1st of Feb, but now widening to its highest level in a Month, since the 17th January.
  • Resistance will be seen at the 2023 high, situated at 145.66bps.

Chart source: MNI/Bloomberg

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