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Gilt/Bund wider this morning

BONDS
  • The inflation UK data beat, means a lower Gilts, higher yield for the UK versus their German counterpart.
  • As such, Gilt/Bund spread has widened by 3.2bps so far today.
  • The spread has find small support pointed yesterday at 107.3976, now trading at 112bps.

Chart source: Bloomberg

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