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Futures Unchanged As Initial Cheapening to Debt Ceiling Deal Is Unwound

US TSYS

TYM3 is currently trading at 112-12, unchanged from NY closing levels on Friday. US tsy futures had initially cheapened to 112-03+ on news of a debt ceiling deal on Saturday.

  • The true test remains in garnering support from lawmakers across the political spectrum.
  • With the Asian calendar light today, local participants are likely to be headlines watch.
  • Cash tsys are closed today for the Memorial Day holiday.

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