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US TSYS

Cash tsys have opened dealing 1-2bps richer across the major benchmarks. The continued impasse over the US debt ceiling has helped tsys firm on Monday, there was no breakthrough in talks over the weekend and President Biden and House Leader McCarthy are scheduled to meet today. TYM3 deals at 113-23, +0-05+ a touch off the top of the observed 0-05+ range.

  • LPR fixings from China are the highlight of today's Asia-Pac session, no change is expected and these cross in just over one hour.

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