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Bear steepening

BONDS
Early selling reversal in Equities, with VGH1 back to flat.
  • Govie curve are steepening with better selling interest of the longer end. (Bund, BTP, OAT and Gilts)
  • German 5/30 test high of the session.
  • Bund MNI tech next support comes at 177.26 Trendline support drawn off the Nov 11 low

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