Bund 5s30s Trims ECB Fueled Widening Against 163-167bps Hurdle
Source: BFW (Bloomberg First Word)
Tickers
2539Z GR (European Central Bank)
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UUID: 7947283
(Bloomberg) -- Stepening in German 5/30s curve fades in its initial test near 163-167bps, comprising the steepest points seen in 2015, Bloomberg technical analyst Sejul Gokal writes.
Alert: HALISTER1- See chart here; spread at 150bps vs 161bps wide
- German 5s30s widens by as much as 24bp -- after Draghi said ECB purchases can include assets yielding below the depo rate floor, a category that includes most of the euro-zone curve maturing within 5 years.
- NOTE: Sejul Gokal is a technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
Source: BFW (Bloomberg First Word)
Tickers
2539Z GR (European Central Bank)
To de-activate this alert, click here
UUID: 7947283