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Implied infl breakevens slipping.......>

US TSYS/TIPS
US TSYS/TIPS: Implied infl breakevens slipping post-CPI release, with 10-Yr at
1.7067%, down 1.6bps on the day. 1.702% was hit briefly in late May; after that
the 1.6745% seen in early Jan would be in focus- that's also around the 2017
lows.

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