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Rates/Stocks Paring Gains

US TSY FUTURES

Treasury futures are drifting off second half session highs, no obvious headline driver, but modest selling in 10Y note futures from 111-20 down to 111-16 reported. Curves are inching steeper again, 3M10Y +1.183 at -147.751, 2s10s +1.087 at -92.120.Stocks, meanwhile, are also see-sawing in mildly negative territory, S&P Eminis -3.0 at 4603.50.

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