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German fixed income futures trade lower on....>

BUNDS
BUNDS: German fixed income futures trade lower on the back of the latest round
of Brexit voting in the UK's House of Commons.
- Schatz -0.005, Bobls -0.060, Bunds -0.27.
- 30-Year paper continued its recent round of underperformance on Wednesday,
with ASW measures sitting comfortably away from recent rich levels, even on the
back of higher coverage in the latest round of 30-Year supply, while 30-Year
breakevens added 2bp on the day.
- Elsewhere, ECB's Coeure noted that Italy is not a threat for Europe, even as
it faces technical recession. Coeure also stated that the EZ financial sector is
well prepared for risks stemming from Brexit.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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