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***Hearing of good volumes in BTPs this...>

EGB FLOWS
EGB FLOWS: ***Hearing of good volumes in BTPs this morning particularly in the
3-4Y section of the curve, where lots of smaller-sized tickets are said to be
going through. By contrast, the 10Y area of Germany is lagging. 
- The BTP curve is bull flattening drastically and the 10-30Y section of the
curve is currently 5-6bp lower since Friday.

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