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Bearish Threat Remains Present


Oscillating Either Side of Y140


Late Corporate Credit Update

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BLOCK, Large 2s/10s Steepener

Both through respective offers at 0947:00ET -- but trading desks see spread as steepener initiated w/$1.6M DV01
  • 37,987 TUM2 107-03, through 107-02.88 post-time offer
  • 19,184 TYM2 126-12, through 126-11.5 post-time offer

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