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| Australian ACGB 10yr Note: Close @ 06/21/2013 |
The (100) PUTS on the 5.75% Series July 2022 on a quarterly buying program are now 'making their move'.
A cursory glance @ the 10 year Weekly Chart sees that the 'convergence' zone/ natural level for 10 year Govt. Bonds in OZ is at the 5.50% level.
Let's see if we get there soon as the QE Exit takes ALL before it?
