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A Touch Firmer At Cash Re-open

US TSYS

The space nudges higher at the cash re-open, with the major benchmarks trading 0.5-2.0bp richer across the curve, led by 7s, while the wings lag. That has dragged TYM2 above the early session peak, printing as high as 126-09, with the contract operating comfortably within the bottom of Thursday’s range. There was no headline flow that we could see to drive the move.

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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