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Update: the overnight repo market saw....>

US TSYS/5Y
US TSYS/5Y: Update: the overnight repo market saw the Tsy 5-year note trade at
-3.00%, ie., super-tight, indicating presumably very good auction tied or
curve-tied shorts in 5Y notes. Such shorting action could theoretically help
today's 1pm ET US$34B 5Y auction at 1pm ET.

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