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/STIR: BMO Wary Of Fading PPI Moves Into Weekend

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In the wake of the PPI data BMO write “we suspect there is little to dissuade the market from pressing the March cut trade and wouldn't fade the move ahead of the weekend. Let us not forget the geopolitical escalations in the Red Sea and the implied headline risk - relevant from both a flight to quality and supply side inflation perspective. In 10-year yields we see the remnants of an opening gap at 3.88%.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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