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BTP and OAT are leading Bonds higher

BONDS
  • OAT and BTP are leading futures higher, now helping Bund towards the initial important area of interest, the 131.15/131.52 gap, starting to close it now.
  • Next resistance in OAT comes at 124.39, followed by 124.72.
  • This is all a continuation following the French election, which saw the the Far right not getting a majority, while investors will also be looking at positioning ahead of Fed Powell Tomorrow and the US CPI on Thursday.

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