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5yr Yield test yesterday's high

BOBL
  • Bobl test yesterday's high yield at 0.548% high, the highest print since 16/05/14.
  • Technically, support is 127.750 Low Jun 5 2015 (cont).
  • But more importantly, 0.614% is the next upside Yield level, 76.4% retrace of the 2014/2020 fall.
  • Today, this would equate to 127.43 (ref 128.21)

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