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Test small support

BUNDS

Bund now down 45 ticks and testing small support at 171.39.

  • US Treasuries test session low and are moving steeper, taking their cue from EGBs.
  • No clear driver,. but the EU coming back from a long weekend and taking onboard the big NFP beat last Friday, may be helping.
  • Moreover, Stoxx600 trading at all time record is also keeping the lid on Core.

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