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Free AccessA bit of a nothing session for Tsys.........>
US TSYS: A bit of a nothing session for Tsys overnight with T-Notes sticking to
a tight range as participants shrugged off the recent combative remarks from
U.S. Pres Trump, focusing on his acknowledgement that he will meet with Chinese
Pres Xi & the SCMP source report suggesting that the two leaders might meet over
a formal dinner at the G20 summit.
- A run higher for Chinese equities helped to provide some modest pressure to
T-Notes, last -0-02 at 126-21+, with modest twist steepening in the cash space.
- Eurodollar contracts are 0.5 tick lower to 0.5 tick higher through the reds.
Most notable flow in the space saw ~6.6K of the EDU0Z0H1 fly lifted. A small
buyer of the EDH2M2U2 was also seen later in the session.
- 3-Year supply provides the headline of today's docket, with PPI data also due.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.