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Marginally Richer

US TSYS

Cash tsys are dealing 1-2 bps richer across the major benchmarks with 3s and 5s leading the bid. TYH3 deals at 114-18+, -0-01+, a touch below the top of today's 0-07+ range. Pressure on the USD, as USD/CNH prints at its lowest level since mid-August, and a recovery off session lows in U.S. equity futures are aiding the bid

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