TYU2 operates around the middle of the 0-08 session range, last dealing -0-04 at 120-19+, with the movement towards the passage of the Inflation Reduction Act as Democrats thrash out agreements likely adding some very modest pressure. Cash Tsys run, little changed across the curve. There hasn’t been much in the way of notable headline flow to digest elsewhere, with the continued verbal jousting between China and various parties re: Taiwan remaining evident.
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