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Cash Now Little Changed On Day

US TSYS

TYM2 moves further away from session highs to last deal at 119-13+, -0-00+ on the day and 0-06+ off the peak of its 0-09 session range. Macro headline flow remains light to non-existent. Wider asset flows are driving price action for Tsys, namely the aforementioned gyrations in e-minis, with a more notable uptick in JPY crosses (linked to Japanese demand for the cross) taking the reigns in recent trade. Cash Tsys are virtually unchanged across the curve as a result, with the early richening unwound.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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