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Off the highs of the day

BUNDS
  • Bunds are off their highs of the day. Ahead of the European session, we had moved to an intraday high of 130.88, but we are now 30 ticks lower than that level at 130.58 at writing, 15 ticks lower on the day.
  • We have seen a similar pullback in Treasury futures from their high of 110-24+ to 110-20+.

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