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Curves lean bull steeper

BONDS
  • German and UK curves continue to lean bull steeper this morning.
  • The German 5s/30s is testing the 15th June high at 41.502, printed a 41.433 high so far.
  • UK 5/30s is just above yesterday's high, with upside target seen at 51.813 initially, now at 48.717.

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