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March 2022, now lowest since May 2019

SHORT-STERLING
  • All the action is in short term rate, with big drops along the strips
  • Big moves in the Short Sterling strip, with continuation selling
  • LH2 is below the October low and lowest since May 2019.
  • LU2 next support is seen at at the 3rd January 2019 low at 98.54

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