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Oil Weakness Also Factoring Into Bid

BONDS

Also note that a downtick in crude oil will be factoring into the latest bid in core global FI markets.

  • The latest headlines re: Middle East tensions are a negative for crude prices, with Hezbollah reportedly set to adhere to the short-term Israeli-Hamas ceasefire if the Israeli forces stick to it.
  • Note that Hezbollah was not formally part of the talks.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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