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At session high and eyeing -0.377%

BUNDS

Bund is back in positive territory, as stops were triggered yesterday below that 175.15 level, equating to highest yield since August (-0.377%).

  1. 10yr yield trended at highest levels since June this morning (printed -0.333%)
In yield terms:
  • -0.377% equates to 175.17 (ref 174.77), was support now resistance.
  • Above the latter would target MNI technical resistance at 175.49 High Dec 16

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