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BONDS: French OAT leads the recovery in EGBs

BONDS
  • A small breakout higher for French OAT, now leading the gains in EGBs, there's been some upside momentum after the Contract broke Yesterday's high that was situated at 123.80, 10yr Yield falls back below 3.20%.
  • The lower Liquidity (lower Volumes) helps exacerbate some of the price action, and small resistance move down to 124.08, followed by 124.39.
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  • A small breakout higher for French OAT, now leading the gains in EGBs, there's been some upside momentum after the Contract broke Yesterday's high that was situated at 123.80, 10yr Yield falls back below 3.20%.
  • The lower Liquidity (lower Volumes) helps exacerbate some of the price action, and small resistance move down to 124.08, followed by 124.39.