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Treasuries cut losses, rebounding with......>

US TSYS: Treasuries cut losses, rebounding with German Bunds after earlier
weakness amid firmer than expected +250K Dec ADP private payrolls, some apparent
corporate rate locks; Tsys today also saw 2/30Y, 5/30Y and 3/30Y flatteners
- Tsys outperform Canadian govt bonds. US MBS meanwhile have improved.

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