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Hearing talk of the large (30k) decline in.....>

EGBS
EGBS: Hearing talk of the large (30k) decline in the RXZ8 Bund open interest
from last Wednesday to Friday that given the rally in the market, makes it look
as though the leg was a short-covering wave. There were some very small early
rolls, that does not significantly offset the 30k OI decline.
- Earlier last week, the same could be said for the BTP contract as the IK open
interest dipped from 354,560 on 30th to 346,113, which can't be explained away
by early rolls.  

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