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BUNDS: Early Steepening in the German curves

BUNDS
  • With the German Yield now quoted, the German 5s/30s steepens to its highest level in 7 sessions, more importantly a push to 71.862 would not only challenge the 2025 high but also the big level at 72.255, the 2022 high, and highest since October 2021.
  • The German 2s/30s had a quick print short of 100.00, at 99.775, this was still its steepest since July 2022.
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  • With the German Yield now quoted, the German 5s/30s steepens to its highest level in 7 sessions, more importantly a push to 71.862 would not only challenge the 2025 high but also the big level at 72.255, the 2022 high, and highest since October 2021.
  • The German 2s/30s had a quick print short of 100.00, at 99.775, this was still its steepest since July 2022.