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Paring Early Gains

US TSYS

TY continues to pare early gains, the contract gapped higher at the open printing a high of 116-25+ as concerns over US regional banks escalated. E-minis have pared losses of as much as 0.5% to sit 0.1% lower, and WTI futures are now ~0.5% firmer after being down ~7%. This leaves TYM3 at 116-13, +0-16, a touch off the base of the 0-13 range observed thus far.

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