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10Y Yield Reaches 7.5%

HUNGARY
  • The constant ‘positive’ surprise in inflation has been weighing on LT governments bonds, with Hungary 10Y yield reaching 7.5% this week, its highest level since August 2012.
  • Next resistance to watch on the topside stands at 8%.
  • On the downside, first support to watch stands at 7.23%, followed by 7%.

Source: Bloomberg

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