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TY Sits Above Support

US TSYS

TYZ3 now sits a touch above 108-00, round number support. A break through here opens 107-23, 1.236 projection of Jul 18-Aug 4-Aug 10 price swing. The move lower in Tsys has been alongside pressure on US Equities. TYZ3 deals at 108-02+, -0-03. Cash tsys sit ~2bps cheaper across the major benchmarks.

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