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FX/BondsIMPORTANT

Germany sells EUR 4.627bln vs Exp. 6bln 2.90% 3031 Bobl: b/c 1.48x (prev. 1.48x), average yield 2.93% (prev. 2.89%), retention 22.9% (prev. 24.1%)

StockNow breaking-news AI analysis

The German Bobl auction fell short of its target amid elevated yields driven by oil prices and expectations of further ECB rate hikes.

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