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US TSYS

Tsys twist steepen into ISM manufacturing PMI, with WTI futures showing above $85 and plenty of talk of post-NFP profit taking doing the rounds (the usual explainer when no one has anything more concrete).

  • Benchmark Tsys run 3bp richer to 7bp cheaper across the curve, pivoting in the belly.
  • TY futures move to fresh session lows after bulls failed to push their way through previously flagged technical resistance levels post-data.
  • ISM manufacturing survey due imminently, with the long Labor Day weekend no doubt on participants’ minds.
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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