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Largely Eyeing Downside In German Bonds

OPTIONS

Wednesday's Europe bond / rate options flow included:

  • DUZ1 112.20/112.10/112.00p fly, bought for 0.75 in 4k
  • RXZ1 169.50p/172.50c combo bought for 7.5 in 2.5k (bought the put)
  • RXH2 170/167ps, bought for 74 up to 53 in circa 7k

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