June 07, 2024 10:26 GMT
Tnotes/Bund spread targets the 2024 low
BONDS
- Given that EGBs are still under pressure, with the Italian BTP futures leading, the Tnotes/Bund has reached its tightest level since January, and targets the January and the 2024 low situated at 170.6bps, which is also the lowest level since September 2023.
Chart source: MNI/Bloomberg
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