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US TSYS

Cash tsys have opened dealing ~4bps cheaper across the major benchmarks. Tsys have been pressured this morning after an agreement in US Congress to avert a government shutdown passed over the weekend. TYZ3 deals at 107-24+, -0-09+, the contract has ticked away from the base of its 0-07+ range in recent dealing.

  • A thin docket in Asia today leaves local participants on headline watch.

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