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Tsys traded marginally weaker..........>

US TSY/RECAP
US TSY/RECAP: Tsys traded marginally weaker yesterday but ended off their lows.
The selloff in Asian trading on the back of the US-China trade news was somewhat
recovered as the long end appeared to follow the late-day weakness in the Nasdaq
rather than the strong rally in the Dow. 
- The long end outperformed with the 30-year actually stronger on the day
causing a drop in the 5s-30s spread to to 28.24bps, down 1.3bps on the day. The
2s-30s hit a new August low, dropping 1.5bps to trade at 40.50bps.
- The real yield curve remains inverted, with 30-year linkers trading 6.9bps
inside 2-years.
- 10-year note trades at 120-090.
- Yields at: 2Y: 2.616%; 5Y: 2.741%; 10Y: 2.866%; 30Y: 3.026%.

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