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Pullback From Yesterday's High Extends

BONDS

Little to really add in terms of drivers/technicals vs. our previous rounds of commentary, but the pullback from yesterday’s richest levels in core global FI metrics continues. Weakness in the super-long end of the JGB curve (linked to the BoJ’s Q124 Rinban plan) was noted in Asia-Pac hours, but headline flow has been limited since London participants settled in.

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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