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Tsys Off Lows Into London Close

US TSY FUTURES
  • Treasury futures have bounced off midmorning lows, trading steady in 10s to mixed as London closes, curves remain flatter with the long end mildly higher (2s10s -2.762 at -28.932).
  • Deal-tied hedging and pre-auction short sets keeping levels inside range for the day. Otherwise, no particular headline driver to report, though markets have tended to retrace after London goes home for the evening over the past several sessions.

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