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US TSYS

A tight session for Tsy futures thus far, with a downtick in e-minis (-0.4% in both the S&P 500 and NASDAQ 100 contracts at typing) limiting any spill over from Friday’s late pullback from richest levels in Tsys. Weekend headline flow has failed to inspire price action thus far, with little to move the macro needle, while the reduction in liquidity and closure of cash Tsys on the back of the observance of the U.S. Independence Day holiday will not be helping matters. TYU2 last deals +0-04+ at 119-13 as a result, in the middle of its early 0-06 range.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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