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Marginally Richer

US TSYS

Cash Tsys have opened 0.5-1bp richer. Regional Asia-Pac participants are fading the cheapening move seen late in the NY session, placing more focus on the BoE & ECB meetings/guidance. TYH3 deals at 115-17+, unchanged from yesterday's settlement levels.

  • Participants will look to the Caixin Composite and Services PMI data from China, as well as any gyrations in JGBs, during today's Asian session.

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