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Volumes are picking up

BONDS
  • A clear pick up in volumes especially in the past 15 minutes, following Bund, EGBs and Treasuries extending gains, and breaking above Yesterday's highs.
  • Some decent clips across the Treasury strip, cumulative and 2yr Block trade.
  • For Germany, Bobl is bought in 4.8k and Bund 5k.
  • Resistance in TYM4 is seen at 109.18+.

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