You can use Nanosilk 12/0 for both applications just be careful not to cut the hair when exerting pressure when spinning. Another "saver" alternative for spinning is Danville's 210 denier thread. Nowadays for split thread techniques (small flies) I use Grip's new micro thread. It's actually two strands of thread on the spool making the "split" very easy and convenient. For my streamer flies I use Nanosilk but here I prefer a dubbing loop when needed. UTC 70 or 140 denier splits well too!
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