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Consolidating

US TSYS

T-Notes have consolidated after the recovery from lows on Wednesday, holding to a 0-02 range thus far to last trade +0-07 at 134-15+. Cash Tsys run little changed across the curve. Macro headline flow has seen another round of generally supportive commentary from Chinese state-run media re: the outlook for domestic financial assets. Elsewhere, the U.S. Senate has voted to move the bipartisan infrastructure agreement to the debate and amendment stage. We haven't seen much in the way of notable market flow.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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