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US TSYS

Macro news flow remains light, with the aforementioned uptick in the Hang Seng Tech Index now reversing, facilitating a test of early session lows. This has provided a light bid for Tsys in the process as participants look for a catalyst to drive price action. TYM2 last +0-04 at 119-22+ as a result, with cash Tsys running 0.5-1.5bp richer across the curve.

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Macro news flow remains light, with the aforementioned uptick in the Hang Seng Tech Index now reversing, facilitating a test of early session lows. This has provided a light bid for Tsys in the process as participants look for a catalyst to drive price action. TYM2 last +0-04 at 119-22+ as a result, with cash Tsys running 0.5-1.5bp richer across the curve.