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Another day, another move higher for STIR......>

STIR
STIR: Another day, another move higher for STIR markets, again led by the US
with a risk-off wave taking over fixed income markets.
- Eurodollar futures are once again seeing the biggest moves in the Red area of
the curve with Reds 8-8.5 ticks higher on the day. Whites are 2-7.5 ticks
higher, Greens 6-7.5 ticks higher while Blues are 5-5.5 ticks higher on the day.
- In the UK, focus is firmly on parliament with the indicative votes due
tonight. The short sterling strip is 1-2 ticks higher on the day.
- The Euribor curve has steepened today with Whites unch to 0.5 ticks higher,
Reds 0.5-1.5 ticks higher, Greens 1.5-2.5 ticks higher and Blues 2.5-3 ticks
higher.

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