HALISTER1: Bund/UST Spread Narrows For 4th Day After ECB; 191bps Resistance

Bund/UST Spread Narrows For 4th Day After ECB; 191bps Resistance

(Bloomberg) -- Bund/UST 10Y spread sustains its narrowing following ECB taper decision; Fibonacci resistance at 191bps, Bloomberg technical analyst Sejul Gokal writes.
  • See chart here; spread hit 195bps vs. 200bps day wide seen earlier
  • NOTE: Dec. 7, Bund/UST Spread-Narrowing Momentum Builds
  • 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
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