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Waiting For Fresh Impetus After TYM2 Support Holds

US TSYS

The previously flagged hold of technical support in TYM2 futures seems to have calmed the market for now, with a lack of fresh fundamental news flow resulting in a calmer couple of hours of Tsy trade. TYM2 is still holding a little above worst levels of the session, -0-10 at 122-14, while cash Tsys sit 2.0-2.5bp cheaper across the curve.

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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