**As seen in the Macro Walk Report 10/29/21 cablefxm.co.uk
Monster moves seen in the front-end of the curve. The AU 2Y jumped by 66bps this week, it was followed by NZ 2Y 28bps rise. BTP-Bund spread ticked higher as 2Y Italian yield increased 17bps, Bund higher by 5bps.
The week saw heavy curve flattening. In the 30-year complex, UK gilts slumped by 25bps, German Bund fell by 10bps, U.S. 30-year Tsy lower by 14bps
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