The 10-year yield spread decreased by 33 bps


Markets: Fixed Income On Monday, in a thinly traded session, global core bonds lost more ground until US traders joined the fray and core bonds made a comeback. The German bund future was slightly below the opening at the official close but continued its march higher afterwards. US treasuries ended with gains. The German 2-year yield outperformed (-1.5 bps) compared to the longer end of the curve (up 3.6 bps to 6.7 bps). In the US, the yield curve was nearly unchanged (yield changes between

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