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Bobl Goes Long, Bund Moves Away From Extreme Shorts...(1/2)

BONDS

Bobl perhaps best exemplifies the shifting in structural positions in MNI Europe Pi in the past month, with current structural positioning now long vs extreme shorts in early July. Bund has moved away from extreme shorts but remains short.

  • Schatz and Buxl positioning is flat.
  • Bund saw longs reduced last week, with the other 3 seeing shorts set.




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