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Gains Marginally Extend

US TSYS

Gains have marginally extended through this morning's Asian session, the greenback is moderately pressured and US Equity futures are a touch lower. A screen buyer of 500 lots also added a layer of support. This leaves cash tsys 1-2bps richer across the major benchmarks, the curve has bull steepened. TYM3 deals at 114-20, +0-04, at the top of the observed 0-03+ range.

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