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Traders noted there are buyers.......>

US TSYS/STOCKS
US TSYS/STOCKS: Traders noted there are buyers "below the market" whenever the
10-year notes hits 2.42%, while there are "sellers above" the market at
unspecified levels, too, so the market is fairly balanced. Tsys had moved off
the morning lows too after the 8:55am ET block buy of 6,355 FVH 5Y Futures. 10Y
yield is at 2.383% currently. MBS meanwhile have tightened today. 
- The markets are quiet and indecisive in both US bonds and stocks as traders in
both asset classes await to see more news about how the US Sen/House
reconciliation process will affect the proposed US tax bill; the treatment of
the corporate Tax AMT will be especially important.

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