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Bouncing off their lows

BONDS
  • Not seeing any new driver for the bounce in Govies, volumes are still on the low side, which likely helps exacerbate the moves, all in a few ticks, and contracts are still trading in fairly tight ranges.
  • Latest flow, saw Gilt bought in 500 lots, OAT 750, and BTP 1k, all cumulative, no blocks.

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