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Weakness Extends


The weakness seen in core global FI markets develops further with the U.S. long end leading the cheapening on the day as 30-Year tsy yields run ~11.5bp higher. The U.S. curve has seen the most pronounced steepening on the day (when compared to the UK and German curves). TY, Bund and Gilt futures tag fresh session lows in recent trade as a result.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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