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Gilts are leading Govies lower

BONDS
  • Gilt test immediate support at 120.43 1.764 proj of the Jan 13 - 19 - 24 price swing.
  • But next area of interest is at 120.20, which equates to 1.5% in yield
  • Clip sellers are going through, Gilt in 1k, OAT in 1k, US TYH2 in 6k, all cumulative volumes, and Gilt is leading Bonds lower

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