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Long End Core EGB & Gilt Rally Runs Out Of Steam

BONDS

Firmer than expected U.S. durable goods and house price data, coupled with a bit of stabilisation for both crude oil and global equity futures, has halted the rally in the long end of the Gilt & core/semi-core EGB spaces for now, with ranges remaining contained amid somewhat lacklustre participation.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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