Free Trial

Cheapening A Little

US TSYS

As mentioned elsewhere, there doesn't seem to be a headline catalyst behind a trickle lower in the space, with T-Notes last -0-04 at 133-05+, while cash Tsys sit little changed to ~1.0bp cheaper across the curve. Maybe the fact that the Nikkei 225 is on track to register a multi-decade high in closing terms is helping the space tick lower. There hasn't been much in the way of notable market flow to aid the move, and T-Note volume isn't strong by any means.

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.