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Bounce in Bonds lack conviction

BONDS
  • Few clip buyer, all cumulative, USA in 1k, FVA 4.8k, TUA 2.6k and TYA 3k, but price action is mixed at current levels in Bonds, and bounce lacks clear conviction.
  • Overall looking at volumes in the US and Europe, markets are trading at way below averages for this time of the day and after a US NFP release.

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