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Continued fade ahead of the 2024 high in Yields

BONDS
  • The small bounce in Govies futures, as investors still favor to fading ahead of the January highs in German and US Yields are met by some selling.
  • Bund sold in 5k, OAT 1k, mostly order related flow, no new news, all in lower traded volumes, so doesn't take much to move futures a few ticks either way.

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