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Not Much To Counter Cheapening

US TSYS

Nothing has crossed the wires to counter the weakness in Tsy futures, with TYU2 extending its move lower in recent dealing, aided by the uptick in e-minis, reginal reaction to Wednesday’s hawkish Fedspeak (which came in the wake of the softer than expected CPI data) and a bid in most of the major Asia-Pac equity indices. TYU2 last deals -0-05 at 119-19, 0-02+ off the base of its 0-10+ session range.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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