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Extending Gains

US TSY FUTURES
  • Treasury futures extended gains after the open, amid surge of buying in front month 10Y futures, TYU3 marks 112-11.5 high (+7) before retracing slightly. Curves hold flatter profile 2s10s -2.365 at -101.627.
  • Sources point to Russia grain deal headline as potential driver: RUSSIA FLOATS PLAN TO SUPPLY AFRICA GRAIN WITHOUT UKRAINE: FT

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