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The contract has closed the opening gap

BUNDS
  • Bund has just closed the opening gap and leads EGBs higher.
  • Initial resistance is still at 135.52.In terms of flow, OAT and BTP were bought in 1k each, while the Schatz was met by a 5k clip cumulative selling.
  • The pop higher in the contract seemed to have been Swap receivers related.

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