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US Core PCE deflator coming up in 18 minutes

CROSS ASSET
  • Few clip sellers hitting Bund, might drag Tnotes lower, although we do have the US Inflation core PCE at the bottom of the hour, so moves will likely stay limited
  • Treasuries saw TY sold in just over 3k, USA in 1k and FV in 2.5k.
  • Another decent session for Bund in terms of volumes, but somewhat more subdued for the US

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