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2Y German Yield Sees Biggest Rise Since 2009 On Knot Comments

EGBS

2Y German bond yields shot higher by over 24bp to a cycle high of 0.377% as the front-end bearishly repriced on ECB's Knot suggesting a 50bp July rate hike was possible.

  • That's the biggest daily rise in 2Y German yields since 2009 - see chart.

Source: BBG, MNI

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