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Pressure Marginally Extends

US TSYS

Tsys have ticked lower through the Asian session; e-minis are down ~0.2% and the USD is a touch firmer. This leaves cash tsys 1-3bps cheaper across the major benchmarks, the curve has bear flattened. TYU3 deals at 113-11, -0-03+, at the bottom of the 0-05+ range.

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