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Post-ECB Announcement React

US TSYS

Tsy futures pared losses after the ECB kept rates steady at 4%, quickly scale back from knee-jerk reaction. Current Dec'23 10Y futures -1.5 at 105-20, 10Y yield 4.9552 (+.0024.). Curves near steady 3M10Y +1.530 at -51.023, 2Y10Y +.041 at +16.739.

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