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Gilt leads Govies higher

  • Continued outperformance in Gilts, push the Gilt/Bund spread towards 80.00bps, now at 81.2.
  • Gilts has rallied over 200 ticks from yesterday's low.
  • Some dislocation across assets. Equities are up, Govies up, USD is doing very little, while Oil is down.
  • AUD is now the best performer against the USD in G10, while the NOK is down 0.24%.

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