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Marginally Pressured After Caixin Mfg PMI


In the wake of the weaker than expected Caixin Mfg PMI print tsys were marginally pressured, however daily ranges remain intact in TU and TY. Cash tsys sit 3-7bps cheaper across the major benchmarks, the curve has bear flattened. TYM3 deals at 114-24, -0-05+.

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

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