Free Trial

Cheaper On Thursday In Asia

US TSYS

TYZ3 deals at 105-15, -0-13, a 0-13 range has been observed on volume of ~163k.

  • Cash tsys sit 2-5bps cheaper across the major benchmarks, the 5s are leading the cheaps.
  • TY has continued to tick lower through the session, downside support 105-05+ the 2% DMA Envelope.
  • The recent bear steepening impetus extended a touch in Asia. Tsys ticked lower through the session alongside lower US Equity Futures and the USD moving higher.
  • The space looked through the Australian Employment Report, and little meaningful macro news flow crossed in the second half of the session.
  • In Europe today the docket is thin, further out Fedpseak from Chair Powell headlines we also have Initial Jobless Claims and the Philadelphia Fed Business Outlook.

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.