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10Y Yield Keeps Reaching New Local High As Inflationary Pressures Remain Firm

  • Hungary 10Y yield has been constantly testing new highs in recent weeks as inflationary pressures continue to remain elevated in the CEE region.
  • The 10Y yield broke above the 9.10% high this month to reach a new local high at 9.40% before edging lower.
  • Next key resistance to watch on the topside stands at 10%.
  • On the downside, support to watch stands at 8.30%.

Source: Bloomberg

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