BOBL: Bobl flows are dominating in the German curve

* Despite the long end 20s, 30s German supply today, the early volume continues to stand out in the 5yr Bobl part of the curve Today. * Bobl Options have also been active and are dominated by only Call Option structures, which are likely some Hedging as futures drift lower. * The German 5yr yield is ticking back above 3.30% (not seen as a tech level). * Further out, a test down to 112.12 in OEZ6 would equate to 3.35%.