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Duration Rebound

US TSY FUTURES

Tsys leading charge off lows since the open, decent pick-up in volumes w/TYM1 >340k at the moment. Long end leading charge, yld curves running mildly flatter.
No obvious driver for move (equities holding bid: ESM1 +21.5 at 4196.0 vs. last week's all-time high 4208.0). Some desks suggesting obvious unwind of month-end positioning. 10YY currently 1.6207%, 30YY 2.2860%.

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