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New sessions lows

BONDS
  • Gilts is through new low, on more short term play positioning, but volumes are more subdued, with RM on the sidelines.
  • Not much in terms of support at current levels.
  • Next area to watch is 124.11 Low Oct 26
  • On a side note, volumes in BTP reached record high during Friday's session
  • Support in BTP is at 147.13.
  • Not much impact on US Treasuries from this latest leg lower in EGBs

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