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Bund Yield Set For 2nd-Biggest Drop Ever

BUNDS

The 10Y German bund yield is down 23+bp on the day in the wake of the ECB meeting earlier today. A close at this level (2.047%) would be the 2nd-biggest drop in yields in the eurozone era - see chart. The record is a 25.7bp drop in the midst of the eurozone crisis in 2011.

Source: BBG

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