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Bund and Gilt test session lows

BONDS
  • A pick up in volumes in Bund and Gilts to the downside, as the contract breakout lower.
  • Small support in Bund moves up to 170.36.
  • A clear break through the latter will eye last Thursday's gap at 170.00/169.80, we printed a 169.92 low on Friday.
  • Gilts see Friday's low at 122.83 initially

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