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German 10yr Yield tests the June low.

BUNDS
  • The Spanish CPI miss has help Bund to once again test the June low in Yield , but the better Growth has limited the impact on Markets, as the street await to rest of the scheduled data, with the German Regional CPIs data set due in just under an hour.
  • Tech Desk will look for the next resistance at 133.42 1.764 projection of the May 31 - Jun 5 - 1 price swing, but Investors will look at the 2.30% level next.
  • Today reference 133.38, this level would equate to 133.82.

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