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Quietly Paring Losses

US TSY FUTURES
Still weaker at midday, Bonds quietly paring losses, Bonds making new session highs at the moment (USZ2 123-26, -10). Thin liquidity at best for a bank holiday, getting thinner as participants square up ahead the weekend, slow start to next week.
  • Fed Gov Waller kicks things off Sunday evening from Australia. PPI data on Tuesday. Tsy coupon supply starts Wednesday w/ $15B 20Y Bond, 10Y TIPS re-open on Thursday.

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