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Rates well bid on decent volumes.......>

US TSY FLOWS
US TSY FLOWS: Rates well bid on decent volumes (TYZ>455k), near late overnight
highs. Risk-off returns amid reports US discussing "possible restrictions on
capital flows into China, with a particular focus on investments made by U.S.
government pension funds" story helped boost Tsys/weighed on equities, Gold
recovering from Mon's sale (+10.5). 
- Pick-up in data (PPI, Retail Sales), Corp issuance and Tsy auctions, Fed speak
today (Evans, Powell, Kashkari).
- Overnight trade includes fast- and real$ buying 5s-10s, swap-tied buying in
short end, selling intermediates, better selling cash intermediates. Deal- and
pre-auction selling in shorts to intermediates.
- The 2-Yr yield is down 3.4bps at 1.4275%, 5-Yr is down 4.2bps at 1.3485%,
10-Yr is down 4.1bps at 1.517%, and 30-Yr is down 3.3bps at 2.0157%.

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