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EGBs lead Treasuries higher

BONDS
  • Bund, BTP and OAT lead Treasuries higher, not seen any notable volumes on the way back up.
  • Likely some short covering, squaring ahead of the awaited Fed Powell later this afternoon, set to speak at 15.00GMT.
  • Bund resistance is still at 131.54 initially.
  • Resistance in TYM3 will at yesterday's high, 111.17.

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