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EU Supply is weighing

BONDS
  • Bund is slowly reversing the post US JOLTS rally, was trading around 133.89, but initial support area of interest is seen towards 133.55 initially.
  • No surprises in seeing French and Spanish Bonds leading to the downside, with the supply weighing.
  • US Tnotes outperforms, albeit closer to its intraday low, but TYZ4 would need a test back to 114.06+ to reverse Yesterday's post US Data spike.
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  • Bund is slowly reversing the post US JOLTS rally, was trading around 133.89, but initial support area of interest is seen towards 133.55 initially.
  • No surprises in seeing French and Spanish Bonds leading to the downside, with the supply weighing.
  • US Tnotes outperforms, albeit closer to its intraday low, but TYZ4 would need a test back to 114.06+ to reverse Yesterday's post US Data spike.