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Tsys continue to be pressured by the........>

US TSYS
US TSYS: Tsys continue to be pressured by the broader risk-on flow observed in
early trade this week.
- Looking at market specifics, BBG has reported that Saudi Aramco has hired
banks for a USD bond roadshow which applied further pressured to U.S. debt.
- The belly of the curve has underperformed in early cash trade this week, with
yields 2.4-3.6bp higher across the curve.
- Chinese Caixin m'fing PMI data, due in ~25 minutes, provides the next risk
event of note.
- T-Notes last 124.00+, U.S> 10-Year cash Tsy yields last 2.435%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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