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US Tsys yields crept higher in the second...>

US TSYS
US TSYS: US Tsys yields crept higher in the second half of the session, with the
belly of the curve providing some modest underperformance as the space operating
around worst levels as London comes to market.
- News that US President Trump has postponed the steel tariff decision for the
EU & other allies did little to stir Tsys, although T-Notes printed fresh
marginal session lows on the headlines.
- Eyes remained pinned on Wednesday's FOMC MonPol decision & Friday's NFP
release, with the ISM manufacturing PMI due on Tuesday.
- T-Notes last at 119.15+, US 10-Year yields last at 2.959%.
- The Eurodollar strip has operated in a limited manner, with the white and red
contracts 0.5 to 2.0 ticks lower than settlement.
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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