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Selling clips emerging

BONDS
  • Quick pick up in Volumes, but the moves lack traction.
  • USA was sold in 1k, Bund in 5k, Schatz in 5.3k, Bobl 4.7k TYM3 in 4k and OAT 1k.
  • That headline: "ECB Holzmann saying that will probably have to do more in May regarding rates", has just triggered a small 10 ticks downside move in Bund

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