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SSASupras and agencies

More dollars to follow Tuesday deluge before Trump takes charge

Donald Trump May 2016 PA 230x150

Public sector borrowers tore $10bn of funding from the dollar market on Tuesday, shaving several basis points from initial price thoughts in the process. Only one benchmark is on screens for Wednesday, but SSA bankers expect next week’s run-up to the inauguration of Donald Trump as US president on January 20 will be — in Trump terminology — “huge”.

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