Free Trial

Asia Seems Happy To Buy The Dip

US TSYS

Monday's sharp cheapening has perhaps allowed regional Asia-Pac participants to adopt a buy the dip mentality, while the lack of a smooth transition trajectory on the back of the U.S. election is aiding that theme. T-Notes +0-09 at 137-27+ as a result, as e-minis tick lower, with the cash Tsy curve bull flattening, running unchanged to 2.5bp richer across the curve. T-Notes operate on above average volume, with over 150K lots changing hands thus far.

  • Eurodollar futures sit unchanged to +1.5 through the reds. With a mix of EDZ1/Z2 & EDZ2/Z3 flatteners, EDM2/M3 steepeners and EDH2 lifts dominating on the flow side.
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.