The previously alluded to block buys in TY futures help drive the space to fresh session highs with TYU2 last dealing +0-08+ at 120-12+, 0-01+ off the peak of its 0-12 range. Cash Tsys run 1.5-3.5bp richer across the curve, as the 7- to 10-Year zone leads, with outperformance in that zone likely aided by the TY block buys (which totalled ~$873K DV01 across the two blocks).
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