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Bunds 40 ticks lower on French HICP data

FRANCE DATA
  • French HICP a tenth higher than expected - in contrast to the soft Spanish HICP print yesterday (and the German HICP print was largely also in line despite the soft national German CPI print).
  • Bunds kneejerk lower by 40 ticks to 140.60 from around 141.00 ahead of the data.

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