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US EURODLR FUTURES

Some Light Selling Seen

CHINA RATES

China Repo Rates Fall on Wednesday

CNH

USD/CNH Bears Eye Key Support

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TYZ1 has drifted lower early on, last printing -0-07 at 130-13+, although the contract has stuck to a narrow 0-03 trading band, well within the confines of yesterday's range, with some spill over from the ACGB space perhaps evident. Cash Tsys trade ~0.5bp cheaper across the curve.