Fears of devaluation in Latvia is putting Swedish bond
yields under pressure at the short end while longer term bonds are being hit by
concern that Friday's US payrolls data will be worse than expected after
Wednesday's ADP data, says Nordea. Swedish 2-year bond yield down one point at
1.21%, 10-year down six points at 3.72%. Swedish krona also fell sharply
against the euro after the Latvia bond auction attracted no bidders. EUR/SEK
trades at 10.8680 from 10.7486 before the auction result.
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