Free Trial

A Touch Firmer As Crude Bid Wanes

US TSYS

Tsys have turned away from session lows. Cross-market matters seem to be at the fore, with crude oil futures more than unwinding their early uptick, now printing marginally lower on the session, while the Hang Seng is over 1% lower on the day and China’s benchmark CSI 300 index is just over 1% firmer after backing off from best levels as participants adjust in post-LNY holiday trade. Macro headline flow remains light. A bid in JGBs may have also aided the bid. Cash Tsys run flat to 1bp richer, while TYH3 recently lodged a fresh session high at 114-24, operating in a 0-07+ range.

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.