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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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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.