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There has been some divergence in STIR.........>

STIR
STIR: There has been some divergence in STIR markets this morning.
- The short sterling strip has shifted around 1-1.5 ticks higher across most of
the curve. This is relative to yesterday's close but the strip had been
considerably lower on the open.
- The Eurodollar strip has shifted higher, largely following the moves seen in
cash USTs which have reopened following yesterday's Columbus Day holiday. Most
of the strip is up 4-5 ticks across the curve.
- The Euribor strip is largely unchanged on the day.

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