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US Treasuries are on the back.......>

US TSYS SUMMARY
US TSYS SUMMARY: US Treasuries are on the back foot, with the yield curve bear
steepening amid global risk appetite returning, and market digestion of
President Trump's comments on the Fed/USD Monday.
- 2-Yr yields are up 1.5bps at 2.599%, with 10-Yrs 2.2bps higher at 2.8406%,
bringing the 2s10s spread slightly above its 22.58bps cycle low hit Monday.
- Eurodollar futures are weaker across the strip, with the long-end
underperforming as Greens and Blues are off 1.5-2.0 ticks.
- A bit of data later with August Philly Fed Nonmanufacturing and August Redbook
sales, though generally quiet until the Fed minutes are released Wednesday.

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