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Jump in volumes for Bobl

BONDS
  • Some notable volumes in the 5yr part of the German curve, Bobl is sold in over 10k (few cumulative clips), Schatz in over 5k, and although the German curve lean on the steeper side, Euribor front is hit following the higher fix, keeping the front white strip flatter.
  • Bobl is seeing some of its best volume this year for this time of the day, and now through new lows.
  • Bund is again challenging that 2.326% Yield, ahead of the 134.00 figure in futures.

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