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E-Mini Weakness Lends Support

US TSYS

The extension of e-mini weakness that we have flagged has provided some support for the Tsy space, with cash Tsys unwinding their early losses and moving into richer territory on the day, with the front end of the curve leading the bid. Cash Tsys now run 0.5-3.0bp richer on the session, with 3s providing the firmest point on the curve. TYM2 is last dealing at unchanged levels of 117-25+, 0-01+ off the recent session peak.

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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