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Looking at Yield

BONDS
Bund looking at Yield reference 151.50
  • 1.150% = 151.25
  • 1.188% = 150.75 (this Yield was the 13th May high and the highest print since 01/08/14)
  • 1.200% = 150.60 would be the next resistance in yield

Note: We do have Month End, ok size for European Govies, and decent for US, so a bid in futures going into 16.15BST can't be ruled out.

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