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2Y Yield Testing 4% Level

POLAND
  • Poland 2Y yield has been testing the 4% level in the past two days after retracing higher in the previous week as market has been starting to price in more hikes from the NBP to counter the inflationary pressures.
  • Next resistance to watch on the topside stands at 4.20% (Aug 2012 highs).
  • On the downside, support to watch stands at 3.80% (LT upward trending support line).

Source: Bloomberg

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