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German Yields gap higher

BONDS
  • With the German Yields now quoted, no surprises in seeing the 10yr gap higher, following the gap and the extension lower in futures.
  • In yield terms, today reference 131.85:
  • 2.512% = 131.09 (the 2024 high in Yield).
  • US Tnotes (TYM4) is finding some underlying bid, bought in 6k off the low, and just short of the 4.45% mark, printed a 4.4399% high in 10yr Yield.
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  • With the German Yields now quoted, no surprises in seeing the 10yr gap higher, following the gap and the extension lower in futures.
  • In yield terms, today reference 131.85:
  • 2.512% = 131.09 (the 2024 high in Yield).
  • US Tnotes (TYM4) is finding some underlying bid, bought in 6k off the low, and just short of the 4.45% mark, printed a 4.4399% high in 10yr Yield.