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Gains Marginally Extend

US TSYS

Early gains in tsys have extended in recent dealing, the move came alongside a recovery from session lows in e-minis. Ranges do remain narrow, little meaningful macros news flow has crossed. This leaves cash tsys 2-4bps richer across the major benchmarks, the curve has bull flattened. TYU3 deals at 111-19, +0-06, a touch off the top of the 0-07 range.

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