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Aforementioned small pockets of screen......>

US TSYS: Aforementioned small pockets of screen selling helped T-Notes to lows,
with small buying noted/highlighted since, with the contract edging away from
lows alongside USD/CNH (with an inline with exp. & stronger than yesterday
USD/CNY fix from the PBoC, which was higher than where USD/CNH was trading at
the time), contract last -0-03+ at 128-26. Curve sits a touch steeper, yields
1.0-1.3bp higher across the curve.
- Flow remains quite limited.
- Eurodollar futures 0.5-1.5 ticks lower across the curve.
- Participants are on the lookout for Chinese trade data, which could hit any
time from now really, there is no firm release time for that particular release.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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