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US TSYS

Cash Tsys have opened ~1bp cheaper across the major benchmarks. February's Tokyo CPI data saw the headline and core-core measures print a touch above expectations, applying some modest pressure to Tsys. TYM3 deals at 110-16+, +0-00+, a touch off the base of its narrow 0-03 range.

  • Asia-Pac participants look to Caixin Services and Composite PMIs from China, as well as keeping one eye on JGB gyrations this morning.

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