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17 Apr 2015
Treasury markets in a snapshot - RBS
FXStreet (Guatemala) - Analysts at RBS offered a snapshot insight in to the treasury markets.
Key Quotes:
"Bunds: remain constructive to 0.02% and potentially negative levels."
"Treasuries: upside deemed limited by 130-04/08 resistance area."
"Gilts: range-bound within 120.16 – 121.80 with further risks to the downside."
"Gilts-Bunds: 153 bps may see a correction, 166 bps remains my first target (entered from 126 bps)."
"Treasuries-Bunds: favour keeping the widening trade on amid failed H&S (entered from 168 bps to the targets of 209 bps and 229 bps)."
Key Quotes:
"Bunds: remain constructive to 0.02% and potentially negative levels."
"Treasuries: upside deemed limited by 130-04/08 resistance area."
"Gilts: range-bound within 120.16 – 121.80 with further risks to the downside."
"Gilts-Bunds: 153 bps may see a correction, 166 bps remains my first target (entered from 126 bps)."
"Treasuries-Bunds: favour keeping the widening trade on amid failed H&S (entered from 168 bps to the targets of 209 bps and 229 bps)."