Free Trial

A quiet one for Tsys, with the Lunar New....>

US TSYS
US TSYS: A quiet one for Tsys, with the Lunar New Year sapping liquidity from
the Asia-Pac time zone. This left T-Notes in a 0-03+ tick range, last +0-00+ at
129-25+, with yields 0.2-1.0bp higher across the curve, light bear steepening in
play.
- The wider spread of the Coronavirus and the fatality count continues to draw
attention. Elsewhere, there was little to go off. Flow-wise, decent enough
(although not large, 6-7K lots) selling of the TYH0 130.50 calls was seen.
- Eurodollar futures sit unchanged to 1.0 tick lower through the reds, with
light underperformance in EDH0, owing to pretty heavy selling, especially given
the liquidity backdrop (over 46K lots have traded thus far at writing).
- Focus Friday turns to flash PMI data.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

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.