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Bunds open a little lower

EGBS
  • Bunds have opened marginally lower than yesterday's close with 10-year yields up 0.5bp.
  • There has been some very marginal bear flattening of the curve with Schatz yields around 1.4bp higher on the day.
  • The Euribor strip is also up to a couple of ticks lower this morning as the market looks ahead to tomorrow's ECB meeting.
  • This morning will see BTP Short Term, BTPei and Greek bills on offer.

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