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Bunds are coming under further pressure.......>

BUNDS
BUNDS: Bunds are coming under further pressure today as the selloff from
yesterday's peak continues. The failure to sustain gains above the 164.00
yesterday has seen bearish momentum resume, with uptrend support coming into
focus.
- Bearish divergences are showing up in terms of momentum as well as across the
curve, with the Bund hitting new cycle highs this week and the Schatz and the
Bobl failing to do so.  

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