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Peter Chatwell and Antoine Bouvet at Mizuho....>

EGBS
EGBS: Peter Chatwell and Antoine Bouvet at Mizuho write today that "On a
tactical basis, the absence of supply until the middle of next week and
continued PSPP purchases should be enough to keep rates on a downward trend.
Despite peripheral spreads tightening yesterday, we continue to believe in the
greater asymmetry of being long these markets."

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