Free Trial

Back From Extremes, Looking For A Catalyst

US TSYS

The risk-on impulse from the cut in the latest PBoC 5-Year LPR fixing has faded a little, with Tsys back from session cheaps and e-minis dealing shy of bet levels. Wider headline flow remains relatively limited, with the market meandering through the final Asia-Pac session of the week as a result. TYM2 last deals -0-02+ at 119-20, while cash Tsys run 1.0-2.5bp cheaper across the curve, with 7s now leading the cheapening.

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.