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Very illiquid and disjointed price action....>

SCHATZ
SCHATZ: Very illiquid and disjointed price action at the front end of Germany.
Perhaps there has been a seller of the 14-Dec-18 Schatz as it drops below the 1Y
cut-off for bond indices (index extensions tomorrow). However, the dealer
balance sheets and money funds do not appear to have shown up, so the yield is
8bp higher today.

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