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Marginally Richer Start

US TSYS

Cash Tsys have opened dealing ~1bp richer across the major benchmarks. Asia-Pac participants have faded yesterday's cheapening, perhaps the opportunity to close short positions/enter fresh longs. Ranges have been narrow in the space and there has been little macro newsflow of note this morning. TYZ3 deals at 106-04+, -0-02+, a 0-02+ range has been observed thus far.

  • The latest monetary policy decision from the BoJ provides the highlight in Asia today.

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