22 March 2010

Bunds : Finally .. A Break

  • Looks like the long awaited break of 3.093% is finally here. Last at 3.064% = 1 year low yield.
  • Downside objectives from charts @ 3.00% and 2.85%. A break of the latter (=20 year, if not all time low) would be very significant.
  • Long Jun10 bunds position stepped up to max now. Average in-rate 123.04 after a month of dithering about. (Long since 25Feb10, waiting for this).
  • Addendum 7:09 am 23Mar10 : Yesterday's HLC = 3.122%, 3.06%, 3.072%. So daily buy (bunds) signal confirmed.

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