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Off Session Lows

US TSYS

Tsys have firmed off session lows, unwinding the early moderate cheapening. Little in meaningful macro news flow has been observed, local participants are perhaps using Fridays moves lower and the early pressure to close out short positions/add fresh longs. This leaves cash tsys little changed across the major benchmarks. TYM3 deals at 115-25, +0-02, a touch off the top of the observed 0-05+ range.

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