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Italian 10-year yields fall to 4.0%

Have a look at the chart of Italian 10-year yields:That is a massive wedge shaping up and we're now back testing the downside. The 17 bps drop today is part of a 41 bps drop in the past six trading days.German bund yields are also down 10 bps today as the market may be sniffing out a sharp slowdown in the eurozone economy that will be compounded by another ECB rate hike on July 27.The drop in Eurozone yields is a warning sign for euro bulls. This article was written by Adam Butt... Read More

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Italian

10 Year

Yields

Fall

10 year

Forex

Posted: Jul 18 2023, 14:11

Author Name: forexlive

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