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Traders noted that today's $26B 2Y.......>

US TSYS/2Y
US TSYS/2Y: Traders noted that today's $26B 2Y auction seems to be set to become
an unscheduled reopening of an old 5y note (T 1.5% 10/19) if the 2Y auction
award comes between 1.5% and 1.624%." (Current WI 2Y is around 1.594% bid.)

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