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UK and German curves consolidates

BONDS
  • Curve consolidate some of this morning flattening bias.
  • UK5/30 and German 5/30s are ticking higher.
  • German 5/30 eye the 22nd July high at 77.469, which is also the steepest level since the 16th July.
  • Still worth remembering the we have traded in a really tight range this past week (77.469/73.86)

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