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Taylor Swift and Travis Kelce Engagement Not In the Works For Time Being

People really should pump the brakes on all the engagement talk between Taylor Swift and Travis Kelce ... 'cause we're told a proposal isn't forthcoming in the near future either.

Sources close to the couple tell TMZ ... there's absolutely no engagement in the works between Taylor and Travis right now -- despite some reports suggesting they're racing to the altar. To the contrary, we're being told TK ain't getting on bended knee anytime soon.

There were rumblings this week people in Taylor's camp had T-Swift and Trav pegged for an early summer engagement, but we're being told that's just not the case.