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FRAs continue to move higher this morning....>

SWEDEN
SWEDEN: FRAs continue to move higher this morning following the disappointing
GDP release. The implied yield on the H9 contract is now at its lowest level
since the Riksbank policy decision of Sep 6 having fallen 1.5 basis points
today. The curve has also flattened with moves of 5-6 basis points seen on some
of the 2020/21 contracts.
- These moves are in line with the POV that we published on Monday, see POV:
Upside risks to Swedish FRAs, Nov 26, 13:32 GMT.

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