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T-Notes trade a touch lower last, albeit....>

US TSYS
US TSYS: T-Notes trade a touch lower last, albeit at the margin, following
upbeat rhetoric from U.S. President Trump re: China relations and trade war
matters, although Trump did tell RTRS that he would view a rate hike at next
week's FOMC decision as foolish, this seemingly limited T-Notes' follow-through
below Tuesday's session low.
- Yields have edged higher, with 2-Year paper underperforming overnight.
- The white and red Eurodollar contracts are trading unchanged to 1.5 ticks
lower at writing, with little in the way of notable flow apparent.
- Focus Wednesday moves to U.S. CPI data & 10-Year supply.
- T-Notes last 120.12, U.S. 10-Year cash Tsy yield last at 2.884%.
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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