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Continued mixed flows in Govies

BONDS
  • Bund is back below the figure, but no real standout flows going through, besides the BTP, with 2k sold (2x 1k cumulative clips).
  • US Treasury volumes is also way below averages going into the US session at 210k lots.
  • Technicals are unchanged in Bund and TYH4, with Bund support at 133.76, and small at 111.00 for Tnotes.
  • Most investors still have their eyes on the 2024 highs in 10yr Yields.

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