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New intraday low for Bund

BUNDS
  • Bund continues to tick lower, nothing fast and just 1 tick at a time, volumes are still on the very low sides, with most Real Money, and LM Accounts likely on the sidelines ahead of NFP Tomorrow, and given that the US Cash markets are shut.

In terms of tech, support is still seen at 130.25, while in Yield terms better will be seen at, reference 130.58:

  • 2.650% = 130.13.
  • 2.706% = 129.55 (2024 high Yield).

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