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US TSYS: Regional Asia reaction to the extension of Monday's in time zone rally
has seen yields biased a touch higher across the curve early Tuesday, with bear
flattening in play as yields rise by 1.9-3.1bp across the curve.
- Equity futures have moved away from Monday's lows, S&P e-minis +19.
- T-Notes -0-04+ at 132-16+ last. Roll volume has dominated flow early on.
- Eurodollar futures 1.25-3.0 ticks lower through the reds.