Treasury Trading Update

Seeing a sustained bid in treasuries at the midpoint of todays session. Traders no doubt will want to hold exposure in case a serious event comes out of the EU summit later today or tomorrow.

From today's accutic report:

As we approach the summit the R- word is the one to watch out for. R for referendum which is a thinly veiled threat held primarily by the UK and a bit less so by Ireland and perhaps others.

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