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Ticking Lower

US TSYS

Tsys have continued to tick lower through today's Asian session, WTI has trimmed some of yesterday's losses and the USD is a touch lower. Cash tsys sit 1-2bps cheaper across the major benchmarks, the curve has bear flattened. TYZ3 deals at 106-10, -0-05+, a 0-04+ range has been observed thus far.

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