Intraday Market Thoughts
Italian BTP Yields Break Support, Bonos Follow
by
Dec 19, 2012 17:54
Italy 10-year BTP yields break below their 200-week moving average for the 1st time since Dec 2010. The first attempt occurred two weeks ago, followed by a rebound, but this week’s renewed decline is rather considerable. Add to it a rare DEATH CROSS and the chart becomes hard to miss. Full analysis on Italian BTPs and Spanish bonos in here: http://www.cityindex.co.uk/market-analysis/market-news/3928602012/yields-on-italian-btps-break-support/
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