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TY Supported Below 110

US TSYS

TYZ3 was pressured below the 110-00 handle before support came in ahead of 109-28+, the low from Aug 29. The move lower was seen alongside the USD marginally extending gains. Losses have been pared and TYZ3 sits at 110-00+, +0-02, a 0-04+ range has been observed today. Cash tsys sit 1bp richer to 1bp cheaper, the curve has twist steepened pivoting on 20s.

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