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MNI EUROPEAN MARKETS ANALYSIS: EU Recession Probability Estimates Near Zero
It has been a slow session for US tsys today, futures are off session highs and now trade little changed for the day. TUZ4 is trading at 104-02¾ vs 104-04 highs, while TYZ4 is 114-18 vs 114-22+ highs. The cash tsys curve has retraced some of the overnight …