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German Short Covering Across The Board, Flat Except Schatz  ... (1/2)

BONDS

Per our latest MNI Europe Pi update: with all German contracts seeing short cover in the past week, Schatz stands out for its structural positioning at long versus short as recently as July.

  • Bund is now flat vs short previously in our biweekly update.
  • Bobl has pulled back from structural long territory to sit flat, along Buxl (unchanged at flat).


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