• French OATs leads in Core Govies, and 10yr Yield dips back towards the 3% level, lowest since last, when it failed to break the August low at 2.968%.
• Today reference 127.58, would equate to 127.97.
• Price action in Futures bring the OAT/Bund spread 0.8bp tighter, but now targeting the July low at 50.93bps, the tightest level since the 19th June.

Chart source: MNI/Bloomberg