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US TSYS

TYH2 has cheapened at the margin in early Sydney dealing, although the impending roll (first notice falls on Monday, with OI now higher in TYM2) and worry re: Ukraine/Russia-related headline risk has thinned out futures. Cash Tsy liquidity has also thinned out, per desks. TYH2 last -0-02 at 126-13, with cash Tsys running flat to ~1bp cheaper on the day.

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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