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10Y Gilts And Bunds Nearing Late Feb Lows

BONDS

Against the backdrop of US bank concerns, and post-US payrolls, Gilt and Bund yields hit their low of the day: UK 10Y down 22bp on the day at 3.578% and German 21bp to 2.431%.

  • Both now back to late Feb levels, nearing the Feb 24 lows of 3.5285% and 2.4285%.

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