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Has filled the yield gap

BUNDS
  • Bund has filled the Yield gap to -0.422%.
  • The push higher in Bund has also been helped by the decent German Auction.
  • Equities have also lost some momentum in their recovery.
  • German 5s/30s is now below yesterday's low, and lowest since 11/02.
  • Next support target is seen at 70.557


Chart source: Bloomberg

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