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Firming

US TSYS

T-Notes have unwound their early losses, with little in the way of notable headline flow eyed, last trading -0-00+ at 132-02+. The belly now outperforms in cash trade, with 7s richening by the best part of 2.0bp, while the long end has more than unwound its early losses, with 30s sitting ~1.0bp richer on the day. Perhaps some interest from regional cash market participants post-FOMC is supporting the space in early Asia-Pac trade.

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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