Free Trial

Belly Leads Cash Bid, T-Notes test Friday’s High

US TSYS

The broader risk-off feel has allowed cash Tsys to richen at the re-open, led by the 5-Year point, which trades ~3.5bp better off on the day early on. The wings lag, with 2s ~1.5bp firmer and 30s 2.0bp firmer. TYH2 hovers around early Asia/Friday highs (131-14), last +0-07 at 131-12+. Initial technical resistance for that contract comes in at the Dec 3 high/bull trigger (131-16).

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.