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T-Notes happy to hold a tight range in......>

US TSYS
US TSYS: T-Notes happy to hold a tight range in early Asia trade after the
contract recovered from session lows during the New York afternoon on Wednesday,
albeit on light volume. Last dealing +0-01 at 139-02+.
- Curve bear steepened yesterday. Bounce in crude (driven by a Trump tweet) and
equities helped the direction of Wednesday's session, as did tightening of the
10-Year BTP/Bund spread in Europe.
- $-issuance was also in the mix on Wednesday.
- Initial jobless claims and flash PMIs headline the local docket on Thursday,
with focus also set to fall on goings on in Europe (PMIs and EU Council
meeting).
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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