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A Touch Firmer

US TSYS

Tsys firming at the margin here, with the uptick on the session aided by mix of softer than expected CPI data out of Australia & weak Chinese PMI readings, and perhaps reports of a district in the Chinese city of Shanghai stockpiling “anti-COVID materials.” Still, the moves remain modest, with benchmark Tsys sitting 1-2bp richer across the curve, while TYH3 has nudged higher in recent dealing, but still operates in a fairly limited 0-06 range after registering a fresh session high.

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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