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J.P.Morgan On Mid-Month Supply

US TSYS

Ahead of today’s mid-month supply announcement J.P.Morgan note that they expect “$44bn 3-year notes, $2bn larger in size from last month, as well as $35bn reopened 10-year notes and $20bn reopened 30-year bonds, $3bn and $2bn larger than their last re-openings in July, respectively. We think the 3-year roll should open at -3.625bp.”

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

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