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Month End/Quarter End week

BUNDS

Bund leans bull flatter on the cash open, a continuation from the overnight session.

  • The contract is better bid on the risk off tone, after Equities gives back some of last Friday's gains.
  • Overnight news {as per Bloomberg) that Archegos Capital Management was forced by its banks to sell more than $20 billion worth of shares after some positions moved against him has kept the lid on risk.
  • Today's sees no tier 1 data, and just a couple of speakers to start the shorter week ahead of Easter weekend.
  • ECB de Cos and Fed Waller are scheduled today.

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