17 November 2009

10 yr Bunds/UST spread : Revisit

  • Time to revisit this old favorite.
  • Chart line defined as US10YY (3.36%) less EU10YY (3.32%) = +4 currently.
  • Chart up = more positive yield spread = buy Bunds sell UST and vice versa.
  • Having dicked around in the +ve teens for the past 3 months, this looks like turning down finally.
  • Time to sell bunds vs buy USTs?

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