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Jefferies Thomas Simons noted the.......>

US TSYS/30Y
US TSYS/30Y: Jefferies Thomas Simons noted the "the 1.1 bps tail obfuscates the
fact that the auction came about 5 bps richer than the high yields of the day.
Nothing about the auction results suggests that demand for duration is waning
significantly and if the selloff in stocks continues, then this demand will
probably pick up."

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