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Coiling As Headline Flow Cools

US TSYS

Headline news flow has slowed as we move through Asia-Pac hours, with T-Notes sticking to the early 0-02+ range, last +0-02 at 138-29, with cash yields sitting little changed across the curve. The recently lodged TYZ0 137.50 block lift has provided the highlight on the flow side. Eurodollar futures sit unchanged to +1.0 through the reds, with EDZ2/Z4 flatteners and a ~5.0K lift of EDZ0 dominating on the flow side in STIRS.

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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