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Under renewed pressure

OAT
  • New 10yr yield high for France, as OATs test the session low.
  • Yield now look to test the May's high 0.296% and highest level since March 2020.
  • Further upside momentum in Yield, and a clear break above 0.296% targets 0.354%, which would equate to 158.01.
  • Immediate support in OATM1 comes at Thursday's low 158.78


Chart source: Bloomberg

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