Bund yields challenging the top of this year’s 0.15-0.50% range - ING

German 10 year Bund yields are challenging the top of this year’s 0.15-0.50% range – and an upside break-out would make some noise and drag EUR higher, according to the analysts at ING.

Key quotes

“Our debt team prefer this range to hold until the July 20th ECB rate meeting – thus keeping a lid on EUR/$.”