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US Treasuries and EGBs are bouncing off their lows

CROSS ASSET
  • Some buying off the lows in Govies, DUH4 bought in over 5k, and similar flow in Treasuries.
  • NYCB extending losses here, looks down 7% and $3.32, Friday's low, lowest level since 1997.
  • Not seen any new trigger for this latest leg lower in NYCB, the stock was fairly stable on the Cash open, but has been drifting lower since.

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