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*** While sources point out that.......>

US TSY FLOWS
US TSY FLOWS: *** While sources point out that "four of the last six March NFP
reports have missed" est by "80k or more", others note the 3M avg is still just
north of 200k -- close to last year's avg, waether not a large mitigating factor
while AHE is climbing. Sources report spec and fast$ selling short to
intermediates after initial program and real$ buying in intermediates to long
end. Taking data in stride, many near sidelines ahead Fed Chair Powell's
eco-outlook presser at 1330ET.

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