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A decent pullback for the contract

BUNDS
  • Decent pullback in Bund today, with over 100 ticks range.
  • Contract test small resistance right here at 169.69, this is followed by 170.00 High Oct 7.
  • Outperformance in Bund is pushing spreads wider, with Tnote/Bund spread, by 4.8bps, and widest since Monday.

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