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The Gilt spread continues to be bought today

GILTS
  • A clear pick up in the Gilt spread, as investors roll into the December expiry.
  • Some decent clips have gone through today, and the spread continues to be bought since Yesterday, it has bounced from a 35 low Yesterday to 53 high right now.
  • Gilt roll pace stands at 27%, and around ~70% of the front Month Volume is spread related.

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