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T-Notes back to unchanged levels in.........>

US TSYS
US TSYS: T-Notes back to unchanged levels in recent trade, last 131-21, with
yields back from extremes to print 1.2-1.6bp lower across the curve as we type.
- The "sell China" mantra evident since the re-open of Chinese onshore markets
this morning, coupled with the PBoC's decision to cut the rates applied to its
7- & 14-day reverse repos has supported the space in recent trade.
- Little in the way of fresh, chunky flow evident.
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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