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Duration Bid/US$ Weakness Post Data

US TSY FUTURES

Tsys spike post data, CPI at or below expectations, but equities surging higher as well (ESH1 new all-time high 3228.5). Slight pull-back in bonds, with curves holding flatter. Trading desk notes fast$, program driven buying in intermediates to long end as TYH trades additional 120k (445k total).

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