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US TSYS

Rates saw some fast two-way flow after PCE came out little softer than anticipated (+0.5% vs. 0.6% est; core +0.4% vs. 0.6% est), levels moving off early session highs on moderate volumes (TYU>450k), yield curves mostly flatter. The 10YY still inside 1.29 to 1.22% range all week.

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