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Wednesday Morning Comments

07/05/2023

Overnight, global equities are lower overnight after trading a bit lower yesterday. U.S. futures are following in the red after trading marginally higher on Monday. Core sovereigns are mostly better overnight after being mixed in yesterday’s trading. Treasuries are twisting slightly steeper from Monday’s close with the 2yr a couple bps better at 4.915% and the 10yr 1bp worse at 3.865%.

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