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Firmer Again, Ranges Relatively Contained

US TSYS

A fresh, albeit modest, bid comes in, leaving the major cash Tsy benchmarks running 1-2bp richer across the curve, while TYM3 is +0-06 at 111-09, printing at the top of its 0-07+ range as it registers a fresh session high. Asia-Pac headline flow continues to be centred on the NPC in China & Japan-South Korea relations, leaving the reaction to China’s annual economic targets and positioning adjustments ahead of this week’s tier one risk events front and centre.

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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