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Sticking To Friday’s Range

US TSYS

TYU2 is -0-03 at 117-08, with the contract sitting just off of Friday’s worst levels (117-07) at typing. Cash Tsys have seen some light twist steepening, running between 1.0bp richer to 1.0bp cheaper across the curve.

  • Initial, light support for Tsys has ebbed as U.S. e-minis and major crude benchmarks have continued to pare their respective earlier downticks amidst a lack of notable macro headline flow, with a broad bid in regional cash equity indices balanced against defensively-oriented flows observed in the G10 FX space.

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