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Shorter end Govies and rates come under pressure

BONDS
  • Clips seller in the Shorter End Govies push Bund lower, Bobl and Schatz are sold in over 5k, and seems some Bundle trades in Euribor, with the front sold in 5k, all cumulative.
  • Immediate target in Schatz is at 105.935, last week's low and the lowest print since 1st December.

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