December 24, 2024 04:54 GMT
US TSYS: Cash Bonds Slightly Richer Ahead Of Holiday
US TSYS
TYH5 is 108-18, +0-03 from NY closing levels.
- Cash bonds are flat to 1bp richer in today’s Asia-Pac session after yesterday’s heavy session.
- Benchmark yields finished yesterday 3-7bps higher, with the 7-year leading.
- Today will see Philadelphia Fed Non-Manufacturing Activity and Richmond Fed Manufacturing Index alongside Tsy $28B 2Y FRN & $70B 5Y Note auctions.
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