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A Little Richer In Asia

US TSYS

Tsys have bull steepened, running flat to 2.0bp richer across the curve. An earlier bid observed a little before the open of Chinese equity markets has ebbed, seeing TYU2 operate 0-04+ off session highs to deal +0-10 at 117-00+. The contract sits above Tuesday’s best levels at typing.

  • A reversal in major crude benchmarks has aided the bid, after the former hit fresh two week highs earlier in the session, with broader weakness in regional cash equity indices also lending support.

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