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J.P.Morgan Maintain Broader View

US TSYS

Re: the Tsy Market J.P.Morgan note that "on balance, little has changed for us: we think tightening labor markets will hasten the Fed's taper discussion and drive yields higher, but the next round of employment data is still 2 weeks away. Thus, it's unlikely that Treasuries break the range they have held for the past 6 weeks, and we continue to express our bearish view via 3s/7s steepeners."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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