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Bounce off the lows

BONDS
  • Bund unwinds some the overnight sell off as Europe comes in.
  • Now 53 ticks gained since the cash open, from 157.81.
  • Tnotes are seeing similar price action, after a large trading volume session for Treasuries, already over 300k traded.
  • German 5/30s fades off the lows, after trading at flattest level since February, but remains nonetheless flatter so far in early trade

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