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Catching up with yesterday's moves on the open

GILTS
  • Gilts open with 10y yields 11.6bp higher than Friday's close - a slightly larger move than the 10.6bp move in 10y Bund yields since Firday's close.
  • 2-year gilt yields are up 10.9bp at 2.927% after spiking as high as 3.06% immediately after the open - in line with the 11.0bp rise in Schatz yields since Friday's close.

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