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MNI Europe Pi (Positioning Indicator): Shorts Dissipate

BONDS

We've just published our latest MNI Europe Pi positioning indicator analysis (PDF HERE):

  • The past few weeks have seen a turnaround in European bond futures positioning, with shorts dissipating and longs emerging - evident in Germany especially.
  • The most recent market activity suggests that this trend may not last long, with the latest week seeing shorts set and longs reduced across the space.


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