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Treasuries prices drifted further.......>

US TSYS/30Y
US TSYS/30Y: Treasuries prices drifted further lower amid redistribution sales
after a rather soft/mixed $12B 30Y reopening auction, which tailed mildly to a
2.790% rate. It also drew fairly weak 58.8% indirects (least since 54.5% in Nov.
2016; and vs. August 66.8%, July 61.7%) but fairly strong 6.82% directs (most
since 13.12 March; and vs August 5.4%, July 6.4%), leaving a mildly large 34.4%
for dealers to mop up (most since 35.6% of May; and vs. small August 27.8%, July
31.94%.)

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