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Cantor Fitzgerald analyst Justin........>

US TSYS/30Y
US TSYS/30Y: Cantor Fitzgerald analyst Justin Lederer noted the US Treasury
"will wrap up its August Refunding supply package with its sale of $15Bln 30
year bonds" at 1pm ET.
- He said today's 30Y auction "is a total crapshoot, as on one side the recent
safe-haven bid has been led by the long end, while on the other side yesterday's
10-year" auction "was extremely weak (does this auction follow?) We also believe
some may await tomorrow's CPI report for further clarity on inflation/future Fed
expectations."

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