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Bund takes the lead higher

BONDS
  • Bund is taking the lead to test session high, bought in over 5k, with BTP on the follow also getting lifted in 2k, and both contracts edge to their intraday highs.
  • Bund resistance is seen a little further towards 134.70, and no real spillovers into Treasuries, since the move in EGBs is more gradual, 1 tick at a time.
  • Resistance in TYZ4 is at today's high of 114.09.
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  • Bund is taking the lead to test session high, bought in over 5k, with BTP on the follow also getting lifted in 2k, and both contracts edge to their intraday highs.
  • Bund resistance is seen a little further towards 134.70, and no real spillovers into Treasuries, since the move in EGBs is more gradual, 1 tick at a time.
  • Resistance in TYZ4 is at today's high of 114.09.