Tsys continue to draw support from a wider risk-negative backdrop, with spill over from NY trade (which was dominated by the latest round of recession worry) coming to the fore after early cross-market related gyrations (e-minis recovered from worst levels as cryptocurrencies popped higher) muddied the waters a little. TYU2 at best levels of the day, +0-01+ at 118-18+, while cash Tsys are 0.5-3.5bp richer, with the belly leading.
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