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3 Months to 2yr under pressure

EURIBOR

Short end is coming under renewed pressure here, 3 months (Euribor) to 2yr (Schatz) are hit hard.

  • And despite Bund trending close to 100 ticks down on the day,
  • 5/30s is actually flattening to 78.86, led by the short end.
  • Next MNI tech support in Bund comes at 172.95 1.0% 10-dma envelope

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