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Large volumes hit the short end

STIR FUTURES
  • Massive selling volumes in the short end, as noted mostly in the December 2022 part of the curve for Eurodollar and Euribor.
  • EDZ2 has now traded over 100k, and ERZ2 close to 85k
  • Similar in Bund, with way above average volumes.
  • Small initial support in Bund moves up to 168.87

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