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A Little Firmer

US TSYS

Tsys firm a touch with the major cash benchmarks running 2bp richer to 1bp cheaper, as the early twist steepening impulse holds. TYZ2 registers fresh session highs on the move, last -0-01, trading just off the peak of its 0-08 session range.

  • The uptick comes as Chinese President Xi & German Chancellor Scholz appear in front of the press, with the latter pointing to a want to deepen economic ties with China, while flagging a need to talk about some issues whereby the opinions of the two nations differ. The potential for some pushback from the U.S. re: deeper Sino-German relations is perhaps providing a modest bid for core global FI markets.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets

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