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BLOCK, Large 5Y Sale

US TSY FUTURES
  • -12,920 FVH2 119-16.75 (-1.25), sell through 119-17.5 post-time bid at 0718:29ET, 119-16.5 last -- just off overnight lows of -16.25.
  • Carry-over heavy selling from Monday as US Tsy coupon sales kick off today with $52B 3Y Note sale (91282CDS7).

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