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Tsys extended session highs late,......>

US TSY FLOWS
US TSY FLOWS: Tsys extended session highs late, well after FOMC annc, finish
at/near top end of range on decent volume (TYZ>1.3k), curves flatter. 
- Earlier price consolidation after better selling in rates last two sessions.
FOMC statement drops "accomodative" but note this does not signal a change in
policy.
- US$ firm but well off morning highs (DXY +.048, 94.182 vs. 94.400H). Little
deal-tied flow, underlying month end support; fast$ 2-way in 2-5s, rate
receiving in 5s, spd curve flatteners in 2s and 5s vs. 10s.
- Ongoing large option trades, heavier buying in EDH0, EDM0 and EDU0 Eurodlr put
spds today have been more supportive for implieds. Eurodollar futures, ongoing
interest in buying EDZ9 vs. EDZ0 as sector holds near 1wk highs (vs. -0.020
inversion last week).

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