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MUFG Secs Americas rate strategist....>

US DATA REACT
US DATA REACT: MUFG Secs Americas rate strategist John Herrmann said there was a
"substantial upward revision to 2Q-2017 real GDP growth rate" today as the
"Second Quarter's real GDP growth rate was upwardly revised to +3.0345% from
previous, "advanced" estimate of +2.56%."
- He added that "the upward revision outpaced our forecast of +2.774% (rounded
to +2.80%) and easily out-distanced the consensus estimate of +2.70%. For the
entire year 2017, our models forecast real GDP growth of +2.354% on a 4Q/4Q yoy
basis."

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