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Local Rates Favoured as USD Curve Tracks Higher

  • Local rates mixed to lower after a risk-on day yesterday pulled the curve lower in the belly.
  • USD curve diverged, however, offered mostly in the front and middle.
  • 10Y USD trading at Jan highs around 5.82, while 2Y uptrend showing signs of flagging around 3.75.
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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