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Holding onto gains on the cash open

BUNDS

Bund remains elevated overnight and since the cash open, one of the supporting factor yesterday was the fall in Oil, WTI fell $6 yesterday and circa $9.4 from Friday's high, helped by Chinese economic outlook and lockdown.

There are no tier 1 data for the session, focus will be on speakers, with Fed Evans, Mester and Bullard all scheduled.

Nancy Pelosi is expected to visit Taiwan, which won't bode well for US/China relations.

SUPPLY: Only the UK today, with £2.75bn 10yr (Equates to ~23k Gilt).

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