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Holding Cheaper

US TSYS

Tsys are holding cheaper in the Asian session today, albeit they have ticked away from session lows alongside marginally pressure on the USD seen as risk sentiment improves after China cut stock stamp duty over the weekend. Cash tsys sit ~1bp cheaper across the major benchmarks. TYU3 deals at 109-11, 0-03, a 0-06+ range has been observed.

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