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MNB Daily Market Comment
Key points:
UST prices softened yesterday on jobless claims data.
The key data released today comes in the form of the University of Michigan Confidence Index.
In Brazil bond prices were boosted following the Central Bank’s decision to cut interest rates by 0.75%.
In Russia, the RU30 price was unchanged over the day at 113 3/16 and the spread tightened 4bps to 114bps.
In Ukraine, there were signs of further political and economic turmoil in the country