Free Trial

Asia Seems Happy To Buy The Dip

US TSYS

T-Notes last -0-00+ at 138-29. 10s the marginal outperformer on the curve, with cash richening by 0.2-1.7bp across the curve thus far, as some point to the recent theme of regional Asia-Pac (namely Japanese) interest to buy 30s when yields move above 1.50%, in addition to some profit taking on shorts after long end yields' multi-month ranges were broken. A 5.0K buyer of TU futures also helped support the space.

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.