Free Trial

Block Sale In TYZ2 Helps Keep Pressure On

US TSYS

The previously alluded to recent sale in TY futures has helped the contract to fresh session lows, last dealing 0-03 above its Tuesday cycle base. Meanwhile, wider cash Tsys run little changed to 3.5bp cheaper across the curve, with 7s leading the weakness.

  • Note that the broader USD has turned bid in recent trade, aided by White House economic advisor Deese playing down the need for a Plaza-type FX accord.
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.