After some noisy consolidation period in the daily Kumo cloud, Italian BTP is under selling pressure again. Obvious buy signals on both weekly and daily time frames now in favour of German Bund.
Wise to keep long Bund vs short BTP, as spread is likely to blow up to minimum 195-200 bps. While holding short German Bobl is probably a good idea too.
Note: I need to say thanks again to @NickGiva for his call last week! He is probably one of the best professional experts of bond trading and bond markets (besides many other things).
Wise to keep long Bund vs short BTP, as spread is likely to blow up to minimum 195-200 bps. While holding short German Bobl is probably a good idea too.
Note: I need to say thanks again to @NickGiva for his call last week! He is probably one of the best professional experts of bond trading and bond markets (besides many other things).
