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Underpinned By Equity Weakness

US TSYS

A further downtick in e-mini futures and Chinese equites have provided a light bid for Tsys in recent dealing, with TYU2 pushing to fresh session highs before backing off to last deal +0-08 at 118-20. Cross-asset flows remain the main driver, with little in the way of meaningful macro news flow evident barring a handful of COVID cases being found outside of quarantine in Shanghai, while China’s Wugang City entered a 3-day lockdown on the back of the discovery of 1 COVID case.

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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