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Big buying in core bonds

BONDS
Core Bonds are seeing large lifts in US Treasuries, TYU0 (over 10k), FVU0 (over 5k)
  • Seeing identical price action in Gilts and OATs, all testing high of the day.
  • Safer haven favoured, with USD bought against G10, EM and LatAm.
  • Bund still eye the yield support at -0.565% (15/05 low), which equates to 177.98 in Bunds.

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