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Asia-Pac trade has provided a particularly tight start for the core fixed income markets that are open, with the aforementioned holidays in China, Japan and South Korea sapping liquidity from broader markets.
- A lack of tier 1 headline flow isn't helping broader activity.
- T-Notes -0-00+ at 133-24+, sticking to a 0-02 range, with cash Tsys closed until London hours owing to the aforementioned Japanese holiday.