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Yields are coming back into play

BONDS
  • With Bund and EGBs at the top of their ranges, BTP and OAT lead, Yield levels are coming back into play.
  • Although the BTP (IKU4) managed a 119.91 high in August, the March low in 10yr Yield is at 3.523%.

Today, reference 119.80:

  • 3.523% = 120.14.
French 10yr Yield sees immediate target at 2.879%, May's low, today reference 126.88:
  • 2.879%= 127.27.
  • 2.821% = 127.82 (April low Yield).

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