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Marginally Richer Start

US TSYS

Cash tsys have open dealing ~1bp richer across the major benchmarks. Asia-Pac participants have faded yesterday post data cheapening, perhaps using the opportunity to exit short positions/enter fresh longs ahead of month end. TYU3 deals at 112-28+, +0-02, a narrow 0-02 range has been observed thus far.

  • Australia CPI data headlines the Asian session today and is due in around 90 minutes.

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