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Marginally Richer

US TSYS

Cash tsys have opened dealing ~1bp richer across the major benchmarks. A bid in Antipodean FI has spilled over, in lieu of weaker than expected NZ GDP and a repricing of RBA cash rate expectations, the latest round of North Korean missile launches has added a layer of support. TYH3 deals at 115-11, +0-07, a touch off the top of the observed 0-11 range.

  • Participants look to the latest labour market report from Australia which is on the wires at the bottom of the hour

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