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A Touch Steeper

US TSYS

The previously flagged weakness in the front end of the Aussie bond curve (around YM futures) has applied some weight to U.S. Tsys, with little in the way of notable headline triggers observed during the session thus far. T-Notes last -0-03 at 131-29+, just off session lows, while cash Tsy trade sees the major benchmarks deal 0.5-2.0bp cheaper, bear steepening.

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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