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Post-Housing Start/Build Permit React

US TSYS

Treasury futures remain mildly weaker, low end of late overnight range after higher than expected Housing Starts and Building Permits data. Decent volumes, TYU4 over 525k as it trades 111-06 last (-4.5) vs. 111-05 low. Curves bear flatten, 2s10s -3.305 at -29.475, 5s30s -2.936 at 26.709.

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