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A tight opening range for T-Notes, after....>

US TSYS
US TSYS: A tight opening range for T-Notes, after the contract went out around
the middle of its daily range on Tuesday, last -0-00+ at 139-12.
- Messrs Trump and Mnuchin offered little to shock at the latest daily COVID-19
briefing, with President Trump formally introducing the touted immigration
restrictions, and Mnuchin sketching a very broad outline re: PPP & phase 4
fiscal support matters.
- Tuesday saw a flatter Tsy curve, with heavy equities noted against a
tumultuous session for crude oil, after early NY chop driven by bunds & oil
dynamics, following the crude induced rally in European hours, with a focus on
COVID-19 matters still evident later in the day.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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