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Looking at UK 10yr Yield

BONDS
  • With UK 20yr and 30yr above 5%, albeit off their highs.
  • Looking at 10yr part of the strip, still trades at highest level since October 2008, and next resistance will be seen at 4.798%, the October 2008 high.

Reference 92.19:

  • 4.60% = 90.97
  • 4.70% = 89.85
  • 4.80% = 88.73

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