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Unexpected Bond Auction Tail Shaking Up Market

US TSY FUTURES
Bonds extending session lows after the 30Y Bond auction tailed 2.3bp, 30YY climb to 2.0195% post auction.
  • Decent volumes w/ TYU adding 100k to over 1.5M in last 20 minutes of trade. Sell stops contributing to move. Equities trading weaker as well, but drawing some dip buy support ahead more bank earnings Wednesday.

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