September 26, 2022 03:30 GMT
Price action has slowed a little over the last 90 minutes or so, with Tsys off lows.
- In the wider macro sphere, Chinese equities are the clear outperformer against a wider sea of red when it comes to equity markets (excluding FTSE 100 futures which are benefitting from the weaker GBP), while the DXY is off of best levels with cable bouncing ~200 pips from fresh all-time lows, but the greenback is still comfortably firmer on the day.
- Bear flattening remains intact on the curve, with cash Tsys running 3-5bp cheaper.
- TYZ2 deals 0-03+ above the base of its 0-15 session range.