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Rate extends the recent dip on...................>

US
US: Rate extends the recent dip on lower-than-expected flash PMI numbers,
following the US Treasury yield curve lower as the 30-yr yields hits all time
lows. There was particular weakness in the services component, which
surprisingly contracted over flash period of February.
- Equity markets hit lows post-release, with E-mini S&P 30 points lower on the
session.
- 30yr yields now lower by close to 7bps and well below 1.90%.

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