May 21, 2024 07:17 GMT
EGBs help Treasuries in the green
CROSS ASSET
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- Bund ticks higher, but still only seeing very limited type size flows, with the lower liquidity helping exacerbate the moves, similar to Yesterday's session.
- The contract still trades within Yesterday's tight 37 ticks range, printed a 130.84 high, 130.74 so far today, which some might look at for initial resistance, although better is seen further out, up to the 131.40/131.45 area.
- The small tick higher in EGB's helps Tnotes back in the Green and in turn, USDJPY to session low.
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