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Some selling orders emerging

BONDS
  • Mostly order related flows in Bund and EGBs, Bund was sold in circa 8k, but is finding some underlying demand.
  • BTP saw 2k cumulative sold and TYU4 in 6k, but the latter remains at the top of its range, with the initial resistance still seen at 111.01 in TYU4, the June high and the highest level since the 1st April.

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