Free Trial

ACGB Bid Facilitates Fresh, Limited Bid

US TSYS

A light downtick in e-minis and some apparent cash Tsy demand provided some support for the space in early Asia trading, with the previously flagged post-data uptick in ACGBs lending support in more recent trade. This has allowed TYM2 to extend to fresh session highs, last dealing +0-00+ at 118-28, 0-01+ shy of the peak of the contract’s 0-09 range. Cash Tsys run 1-3bp richer on the day, with the front end leading as the curve bull steepens.

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.