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Marginally Cheaper

US TSYS

Cash Tsys sit flat to 1bp cheaper across the major benchmarks, with a pullback from best levels in early cash trade, alongside a similar move in ACGBs, noted earlier in the day. That was before Tsys ticked away from session cheaps in recent dealing. TYM3 deals at 111-19, -0-00+, in the middle of its tight 0-04+ range.

  • A thin docket for the remainder of the Asian session leaves participants on headline watch.

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