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Marginally Richer Start

US TSYS

Tsys have opened dealing ~1bp richer across the major benchmarks. Asia-Pac participants have faded yesterday's cheapening, perhaps using the opportunity to enter fresh long positions/close out shorts. TYU3 deals at 111-02+, -0-01+, at the top of the 0-04 range observed thus far.

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

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