Tsys are holding cheaper through the Asian session. Little meaningful macro newsflow has crossed in recent dealing and the USD sits at session highs. E-minis are ~0.1% softer and teh Hang Seng is down ~1%. This leaves cash tsys 0.5-2bps cheaper across the major benchmarks, the curve has bear flattened. TYM3 deals 115-15+, +0-01, a touch off the base of the observed 0-05+ range.
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