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Rising Inflationary Pressure Pushes the 10Y Yield Above 1.60%

POLAND
  • Poland 10Y yield is pushing slightly higher after CPI report came in higher than expected at 3.2% in March (vs. 2.8% exp.)
  • The 10Y yield broke above its 1.60% resistance; next level to watch on the topside stands at 1.66%, followed by 1.73%, which represents the 50% Fibo retracement of the 1.12% - 2.34% range.

Source: Bloomberg/MNI

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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