The same themes with lower bank stocks, wider intra EU governement spreads and lackluster bunds/T-notes continues this morning.
Eurostoxx still above bear market low of 2116
Bunds still capped by 125.50 in front of options expiration on Friday
Gold doing better but still some selling in the 860-870 range
Underperformance again in non-core EU government bonds this morning.
Will be on ski in the next few days in Austria, so only small positions on.
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