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Back At Session Lows

GILTS

Alongside the global pullback in core FI (with no particular trigger seen), Gilt futures are testing the session lows at 91.73, with underperformance vs Bunds remaining a theme.

  • That's still up 23 ticks given the 64 tick gap up on the post-Retail Sales open, but 56 ticks off the session high of 92.29.

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