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Rates Spark: An Unhappy Medium

Rates Spark: An Unhappy Medium

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10Y US Treasuries and Bund currently hover respectively around 16bp and 9bp below their roughly 3-year highs. This does not suggest that the market assigns a high probability to a significant deterioration in the situation in Ukraine, but current levels reflect an unstable path between two very different scenarios.

...read full article on Seeking Alpha

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