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Long-end of core EGB markets have been....>

EGB FLOWS: Long-end of core EGB markets have been hit hard following the EFSF
announcement that it plans to tap 10-yr bond and launch a new 35-yr bond via
syndication in the near future. German, French and Dutch 30-yr yields have all
risen by circa 1.5bp to 1.043%, 1.545% and 1.025% respectively.

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