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Underperforms core

BTP

Italian 10yr yields trade at highest level since last July, with the BTP contract underperforming against core.

  • In terms of technical, MNI tech support is at 144.96 Low Sep 9, 2020 (cont).
  • Looking at yield term, 1.159% and 1.251% would be upside targets.
  • These equates today (reference 145.28), to 144.47 and 143.45 respectively

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