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Spreads tightening a little for BTPs here -....>

BTPS
BTPS: Spreads tightening a little for BTPs here - with 10y spreads now almost
4bp tighter on the day. Very little liquidity though with many BTP traders out
on holiday. Not much of a reason to drive the move, but note that these moves
are merely seeing spreads move back closer to the close of 19 December and
reversing the widening seen in the last two pre-Christmas sessions.

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