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Post-2Y Sale Update

US TSYS

Front month Treasury futures holding just above recent session lows, yield curves flatter (2s10s -9.279 at -49.143) with the short end underperforming after a second consecutive tail for the 2Y note auction: 3.954% high yield vs. 3.915% WI; 2.44x bid-to-cover vs. 2.61x prior.
Bond futures just above early Thursday session low of 130-14, vs. 130-16 session low:

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