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Muted Start

US TSYS

Cash tsys sit little changed from Mondays closing levels across the major benchmarks in a muted start to todays dealing. Asia-Pac participants are digesting yesterday's Empire Manufacturing print, which was the lowest since April 2020, as well as the US debt ceiling impasse. TYM3 deals at 115-07, -0-00+, with a narrow 0-01+ range observed this morning.

  • The minutes of the RBA's May meeting headline today's Asian session and cross in just under 90 minutes.

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