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GBP and Gilts

STERLING

Not seen any new headline, but Gilts moves through the high of the session, pushing the curve bull flatter as the long end continues to outperform.

  • 10yr Yield is now at the lowest since 22/09 at 0.17%.In futures,
  • initial resistance is seen further out at 150.18 High Oct 13
  • GBP sees another round of selling, a continuation ahead of the EU Summit

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