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Worth keeping an eye on Gilts

BONDS
Despite being off the low, worth keeping an eye on the Gilts, which is leading other cores lower.
  • Bund and Treasuries remains heavy
  • Gilts support is still at 130.18 Low Mar 19, 2020 (did print 130.15 low)
  • (posted this am) Bund support to watch is at 174.06 proj of Jan 4 - 12 sell-off from Jan 27 high.174.06, reference 174.30, also equates today to the next yield resistance at -0.303% (10/06 high)
  • Equities also hitting new highs, might also help keeping the lid on Core Govies

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