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- German 10yr is trending at lowest levels since 12th February.
- In terms of MNI technical in the futures contract, resistance are at 176.62/67, followed by 176.79 1.50 proj of the May 19 - Jun 11 - Jun 22 price swing, and above the latter 177.19 1.618 proj of the May 19 - Jun 11 - Jun 22 price swing .
- In yield term, -0.50%, reference 176.55, would equate to 177.23
Chart source: Bloomberg