18 September 2009

10 year Bunds/UST Spread : Nearing Par

  • Last at +4
  • Criss-crossed +11.5 many times in past few weeks but appears ready to attack downside with some momentum now
  • Prepared to add on (long UST short Bunds) if weekly chart maintains the current look into tomorrow night's close
  • Don't get too excited! This is a tricky one.

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