Spreads between 10Y Italian and German bonds are at the tightest since 2008, helped by benign carry conditions. But we may hit a limit, as Italy still faces high debt levels.

Spiking nearly +7% in Tuesday’s trading session, Palantir Technologies stock made headlines after delivering a blowout Q4 report yesterday evening.

The USD/CAD pair turns lower for the second straight day and trades below mid-1.3600s through the early European session on Wednesday, though the downtick lacks bearish conviction amid mixed cues