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German 2s and 5s underperforms

BONDS
  • Shorter end 2s and 5s continue to underperform in Germany, Bobl sold in over 5k at the lows, and Schatz goes offered over.
  • Next support in Schatz is seen towards 104.88.
  • And at 116.00 for Bobl, but moves could be limited especially ahead of the Data.

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