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News 2026-09-23 12:45 UTC

OAT: Underperforming Peers Again Despite Lecornu Call To Meet With Socialists

* The 10-year OAT/Bund spread has risen another 3bps to 107bps, now up 13bps since the September 10 close. * OATs are underperforming EGB peers intraday, and relative weakness has been marked through the summer. The 10-year BTP/OAT spread is now at a fresh low of -15bps * Markets are awaiting details of PM Lecornu's 20