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10yr Yield is set to break the 2024 high

GILTS
  • Gilt fell just short of the 4.065% (2024 high in Yield), printed a 97.74 low and 4.060% Yesterday.
  • The 4.065% equated to 97.70 Yesterday and given the early fall in Europe as more long bails out, the contract should open above the 2024 high in Yield.
  • Opening calls, range 97.60/97.76.

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