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Gaps 124 ticks higher

BTP

After netting for some 4 minutes, BTP gaps 124 ticks higher, following the Dove Fed Yesterday, but finding some early sellers.

Yesterday looking at Yield:

  • 3.800% = 118.21.
  • 3.690% = 119.16 (January and 2023 low).

The contract has printed a 118.64 high on the open, so suggest would have been through the 3.80% level when Yields are quoted.

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