19 March 2010

EU10YY / Bunds : So Close ...

  • EU10YY been hovering around 3.10%-3.15% for past few days. We did touch a low of 3.091% briefly just once.
  • A close below 3.09% would be the lowest close in a year. The last time we closed below that level was the week of 22Mar09.
  • Ready to turbo-charge my risk level here any day now. Buy Bunds on a close below 3.09%.

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