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German 10yr Yield edges towards Friday's high

BUNDS
  • German 10yr Yield remains underpinned and bid, following the Services PMIs in early trade, and also dragged by the Gilt, after the decent UK beat.
  • The Yield is still short of Friday's high and the December at 2.574%.
  • That December 2022 high. is also the highest level since July 2011.

Reference 134.26:

  • 2.574% = 133.60.

Chart source: MNI/Bloomberg

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