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$IG Supply Expectations climb as ETF outflows pick-up pace

CREDIT MACRO

Supply expectations seem to have shifted from $45 on Friday to $50b now (for $IG) - pick up in supply contrasts with expected slowdown locally (at c€18b for IG/HY). ETF flows for Friday's session pointed to strong outflows across both $IG/HY. Opening $IG index prints are unch.

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