• Small pull back in Core spreads, with the Tnote/Bund now just 1bp wider, vs ~4.6bps earlier.
  • Similar price action in the Gilt/Bund spread now 2.2bps tighter, after trading at its widest level since October of late.
  • Resistance here, is at the 205.00bps handle.

BONDS: Core spreads unwind

Last updated at:Aug-21 08:42By: Fabrice Ben Hassine
  • Small pull back in Core spreads, with the Tnote/Bund now just 1bp wider, vs ~4.6bps earlier.
  • Similar price action in the Gilt/Bund spread now 2.2bps tighter, after trading at its widest level since October of late.
  • Resistance here, is at the 205.00bps handle.

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