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Short end leads

BUNDS
  • Volumes remains subdued for Bund, and the last couple of session has seen some position squaring, locking profit and receiving interest, as investors park cash into yields, after the contract fell a whopping 1,177 ticks in March.
  • Once again the short end 2yr Schatz and 5yr Bobl lead, with spill over into the shorter end Euribor.
  • Bobl is up 10 ticks vs 8 ticks in Bund

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