Free Trial

Upside continuation

BONDS
  • With BTP outperforming, already 100 ticks up, the BTP/Bud spread is 3bps tighter and testing support at the 160bps area, now at 160.3.
  • Next resistance for the BTP moves down to 133.82.
  • There's been a combination of short cover and also dip buying in early trade, as Yield tested new multi year highs overnight.
  • BoJ Bond buying announcement has provided some upside traction.
  • Next resistance in Gilts comes at 118.54 High Apr 19
  • Bund eye last Friday's gap at 154.71.
  • TYM2 resistance moves down to 119.16+ initially.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.