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Session Lows, Eyeing Apr 19 Low

BUNDS

Bund futures fall to session lows at 133.31, now down 28 ticks on the day.

  • No clear catalyst for the move. Following on from Schnabel's comments, Villeroy's outlook doesn't sound much different from what he's said before, though noted that there is still no clear and convergent sign of a change in underlying inflation.
  • Next support seen at 133.10, the Apr 19 low.

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