⚖️🇩🇪Bund Curve Twist Steepens On The Week, 2s10s Rises 10.0Bps On Month: Cable FX Macro
- Rosbel Durán
- Jul 31, 2023
- 1 min read
**As seen in Macro Walk report 07/28/23, subscribe at cablefxm.co.uk/reports
Twist steepening seen this week in the Bund curve as front-end yields dropped, 2-year yield declined by 4.0bps to 3.0441%. The 10-year Bund yield is now closer to 2.5% after a 2.5bps rise on the week
The 2s10s Bund curve is steepening over the last month, the move is led by long-end rates, the 10-year is recording a circa 20bps rise over this period
U.S. Treasury yields rose across the curve, the move was led by an offered long-end as the 10-year yield jumped by 11.4bps on the week
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