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Spillover From EGB Bid With Meagre Volumes

US TSY FUTURES
  • TYM3 lifts with the bid in EGBs, touching a session high of 112-14+. It breaks through a narrow range through Asia hours but is still firmly within Friday’s range in contrast to Bunds pushing through lows.
  • The lift comes with no meaningful tick up in volumes, cumulative 53k vs recent average of 170k for the time of day.

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