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Marginally Richer Start

US TSYS

Cash tsys have opened dealing ~1bp richer across the major benchmarks. Local participants have faded yesterday's cheapening, perhaps using the opportunity to exit short positions/enter fresh long. TYZ3 deals at 107-23+, +0-05, a 0-02+ range has been observed thus far.

  • A thin docket in Asia leaves participants on headline watch today.

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