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Staying underpinned ahead of the CPI

BONDS
  • BTP is finding a small underlying bid, outperforms EGB somewhat.The contract rejected the August low in Yield, but as mentioned, next support is at 3.523%, the March and the 2024 low, today equates to 120.81.
  • US Treasuries are seeing small two way price action, as the Street awaits the Inflation Data.
  • Next support in the 10yr Yield is at 3.5627%, the June low, today would equate to ~116.01+.
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  • BTP is finding a small underlying bid, outperforms EGB somewhat.The contract rejected the August low in Yield, but as mentioned, next support is at 3.523%, the March and the 2024 low, today equates to 120.81.
  • US Treasuries are seeing small two way price action, as the Street awaits the Inflation Data.
  • Next support in the 10yr Yield is at 3.5627%, the June low, today would equate to ~116.01+.