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The 10Y UST yield is suffering......>

US TSYS SUMMARY: The 10Y UST yield is suffering today as equities continue
higher. There has been a decent correlation between the EURUSD and the 10Y
Treasury yield over the past 24 hours, which is not normally the case.
- There is a ~2.0-2.5bp rise in yield stretching from the 5-30Y section of the
curve but the 2-10Y section of curve is only marginally steeper and remaining
extremely close to decade low levels of flatness at 51.7bp. Even the 2-3Y spread
is only 8.2bp, also a 10 year low.
- Snowstorms are set to hit the North-East of the US today and the lock-in for
the initial jobless claims has been cancelled, implying a short delay to its
release later today. Storms may inhibit liquidity later today.
- There is no word on the employment report lock-up and the decision will only
be communicated tomorrow.
- Aside from initial claims, ADP is also due for release. 

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