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Bund and Tnotes hover at session low

BONDS

Bund has caught up with Tnotes, with the US 10yr hovering at its session low, the Tnotes/Bund spread is still a touch wider in early trade.

  • Support in TYU4 is unchanged and still seen further out, down to 110.01+.
  • For Bund, initial support is still at 131.97.

This helps keep the USDJPY close to the 160.00 handle, so far printed a 159.93 high.

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