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US Tsys stuck to a tight range in the.......>

US TSYS
US TSYS: US Tsys stuck to a tight range in the early part of the session, with
little in the way of news flow to prompt traders into action, before the space
moved to fresh session lows, in sympathy with Australian Bonds, which were
subject to pressure around Bond syndication, allowing the U.S. Tsy curve to
steepen.
- The RBA's July meeting minutes provided little impetus for Tsys.
- The Q&A section of Fed Chair Powell's semi-annual monetary policy report due
Tuesday & Wednesday will garner most of the attention this week. There was no
new ground broken in the text of the report (released Friday), highlighting that
policy remains accommodative, set for further gradual hikes.
- T-Notes last at 120.02+, U.S. 10-Year cash Tsy yields last at 2.866%.
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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