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Holding Cheaper, Narrow Ranges

US TSYS

Tsys are holding cheaper in the Asian session, ranges remain narrow and there has been no meaningful macro newsflow thus far today. This leaves cash tsys 1-2bps cheaper across the major benchmarks, light bear flattening is apparent. TYH4 deals at 112-27+, +0-02+, a 0-04 range has been observed.

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