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Broader base buying going through

BONDS
  • TYZ3 bough in 7k, FVZ3 5k, USZ3 1k, with the contracts printing new session high.
  • It has been a one way move for safer Haven this morning as Desks look into the weekend potential event risk.
  • Bund is now above pre CPI level, as noted earlier, with next resistance coming at 130.21, managed a 130.20 high Yesterday.
  • TYZ3 would need a test to circa 108.06, to consolidate the US CPI's sell off.

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