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A positive start for Chinese equities.......>

US TSYS
US TSYS: A positive start for Chinese equities pressured T-Notes to session
lows, after a degree of risk aversion was evident in early Asia-Pacific trade.
That being said, the contract continues to operate in a tight range.
- Chinese sentiment was buoyed by constructive trade-related remarks from PBoC
Governor Yi over the weekend. This has outweighed slowing money supply/credit to
seasonal factors, which the Bank attributed to seasonal factors, as well as
disappointing inflation data, also released over the weekend.
- Yields hold a touch higher across the curve at writing.
- Eurodollar futures trade unchanged to 1.5 ticks lower through the reds.
- T-Notes last 122.20+, U.S. 10-Year cash Tsy yields last 2.639%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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