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Steeper Start

US TSYS

Cash tsys have opened dealing flat to 2bps cheaper, the bear steepening seen in recent dealing has extended a touch in early trade. TY has ticked lower breaching yesterday's session lows and sits at 105-22, -0-06, a touch off the base of the 0-06+ range. Participants are digesting the ongoing Israel/Gaza conflict as well as Wednesday's Fedspeak.

  • The Australian labour market report crosses at the bottom of the hour and headlines the Asian session today.

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