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Bund test Friday's high

BONDS
  • A real mixed price action so far in Govies, on very limited/light volumes.
  • Bund went from the lows 144.13, to now the high of the session, with similar price action in BTP and OATs.
  • BTP/Bund was 5bps wider, but has ticked down to just 0.8bp wider.
  • Bund resistance is at Friday's high 144.99, printed 144.95 high.

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