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Narrow Ranges Persisting, 10 Year Yield Marginally Extends Cycle Highs

US TSYS

Narrow ranges are persisting for Tsys in Asia this morning, there has been little follow through on moves in the space. Perhaps the imminent BOJ decision is limiting activity. The 10 YY marginally extended cycle highs and last sits at 4.50%. TYZ3 deals at 108-11, -0-02+, the early 0-04 range is intact.

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