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CEE 10Y bond yields continue to retrace lower

EMERGING MARKETS
  • Poland 10Y yield continues to trend lower for the fifth consecutive trading session, breaking slightly below its 50D SMA (1.47%) today. Next level to watch on the downside stands at 1.40%
  • Hungary 10Y yield is down 9bps is the last two days to trade at 2.63%, its lowest level since March 30. Next support to watch on the downside stands at 2.59% (50D SMA).
  • Czech 10Y yield also ticked down by 5bps in the past two days after remaining steady at 1.94% for the past 10 days. First support to watch on the downside stands at 1.84%, followed by 1.76% (50D SMA).

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