July 12, 2024 13:06 GMT
Tnotes/Bund spread test the 2024 low
BONDS
- The Tnotes/Bund spread is pushing through the 2024 low that was situated at ~ 170.6bps, now below 170.00 and around 5bps tighter.
- Further tightening in the US/German 10yr spread would see next support towards ~164.5bps, the 28th September low.
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