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Curve Bear Flattens

US TSYS

The move lower in U.S. Tsys has garnered some fresh steam, with little in the way of new headline triggers observed. TYM2 last deals at worst levels of the day, -0-16 at 119-14, while cash Tsys sit 3.5-5.0bp cheaper across the curve, bear flattening as 2s lead the way lower.

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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