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EU PMIs, and Fed tonight

BUNDS

Bund: focus this morning on European National prelim PMIs, and speakers are also scheduled, including Guindos, de Cos and Schnabel.

  • But all eyes remains squarely on Brexit, with a more positive tone coming out last night, and the Fed tonight.
  • As such price action is fairly limited on the EU open.
  • German curve trades flat, but 5/30s is trending above yesterday's level, now at 58.098
  • Bund range, 178.21-178.31

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