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Cash Curve Slightly Flatter In Today’s Asia-Pac Session, CPI Data On Tuesday

US TSYS

TYM4 is trading at 111-27+, +0-04 from NY closing levels on Friday.

  • Cash US tsys are dealing 1bp cheaper to 1bp richer in today’s Asia-Pac session, with a flattening bias.
  • News flow has been light so far today.
  • After Friday’s mixed Employment Report, the market’s focus now turns to Tuesday's CPI release, the last key data point ahead of the March FOMC meeting (19-20 March).
  • (Bloomberg) -- Investors should consider selling 10-year Treasuries as the resilience of the world’s largest economy makes the recent US bond rally look overdone, according to Barclays Plc. (See link)

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