A pretty flat start for the space with cash Tsys trading ~0.5bp richer across the curve, while TYU2 has failed to challenge the peak of its Monday range, last dealing +0-02 at 119-29+, sticking to a narrow 0-03+ range thus far. Broader macro headline flow remains light, while the previously flagged observance of a national holiday in Singapore will limit wider liquidity during Asia-Pac hours.
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