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Quick turnaround for T-Notes after the......>

US TSYS
US TSYS: Quick turnaround for T-Notes after the early London bid, contract last
deals 0-02 lower on the day at 130-15, with yields last 0.7-1.2bp lower across
the curve.
- All down to the flash German & French PMI data topping exp. although the
details of the German print showed that new orders fell, export demand was soft,
with expectations soft and inflation weak.
- Yesterday's range still holds.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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