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US Wholesale Inventories misses

US TSYS
A miss for US Wholesale Inventories, and better buying triggered in Govies.
  • Long end strip sees, TYU0 lifted in 3.2k, USU0 in 1k TUU0 in 3k and FVU0 in 2.5k
  • A more subdued reaction in Equities, and USD is stable at current levels.
  • Despite the bid, momentum bias are limited with investors
    and market participants awaiting the FOMC

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