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Tsys have stuck to a tight range after......>

US TSYS
US TSYS: Tsys have stuck to a tight range after the space finished Thursday's
session higher, on the back of headlines noting that U.S. President Trump backs
$200bn China tariffs as early as next week. Trump also noted that the U.S. is
studying if it should label China a currency manipulator.
- Rates had sold off/pared gains on positive trade headlines pre-open on
Thursday, as Politico reported that the EU is willing to scrap industrial & auto
tariffs with the U.S, although Trump stressed that the offer on car tariffs
wasn't good enough late Thursday.
- Chicago PMI headlines on Friday, ahead of the long holiday weekend in the U.S.
- T-Notes last 120.07, U.S. 10-Year cash Tsy yields last at 2.853%.
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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