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  • Hungary 10Y yield has been retracing sharply higher in the past two weeks as inflationary pressures keep rising globally.
  • The 10Y yield broke above the 8% level this week and is gradually approaching its ST key resistance at 8.58%.
  • Next key level to watch on the topside stands at 9%.
  • On the downside, support to watch stands at 8%.

Source: Bloomberg

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