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The curve undergoing some bear steepening...>

US TSYS: The curve undergoing some bear steepening now, with yields higher
across the board in the wake of the PBoC fix/CNH bill issuance in Hong
Kong-inspired market gyrations. This has allowed the space to unwind all of the
early bull steepening and more.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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