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Global yields spike

CROSS ASSET
  • Global yields spike, with US 10yr back at 2%.
  • Bund eye 0.3%, where we may see some receiving interest.
  • US 2yr is testing 1.60%, but it traded as high as 1.6358% last week.
  • In yield term, 1.65% in the 2yr would equate to ~107.09+

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