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FTN Financial's Jim Vogel adds that "the....>

US TSYS
US TSYS: FTN Financial's Jim Vogel adds that "the year-end, combined with the
earth-moving tax news, divides FTN's analysis into core trading ranges - where
the most volume will trade - and weekly chart ranges where the boundaries are
merely set by any small group of trades."
- He said that "for the next five trading sessions, the core on 5s should be
2.08-2.18% while a 'chart' range could cover 2.05-2.26%. For 10s, look for a
core between 2.32-2.42% versus 2.25-2.47% on the outside. At 2.42% for the core
range, the uptick from previous estimates assumes tight repo conditions on cash
10s will diminish after the reopening settles on Friday." 

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