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Holding Near Highs

US TSY FLOWS

Tsy futures holding near top end of range after headlines of Fed Chair Powell's terse testimony to house hit the wires, equities gaining as well ESU1 +16.0 at the moment. Decent volumes on the move so far, TYU near 600k. Somewhat cooling the chances of tapering in July after Powell notes continued discussions in coming meetings. Sources reported real- and fast$ buying in intermediates, dealer buying in long end.

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