Free Trial

Curve Bear Flattens In Early Trade

US TSYS

Cash Tsys have re-opened 1-4bps cheaper across the major benchmarks after the elongated weekend, with the curve bear flattening. Tsys yields are catching up to the moves seen in futures yesterday, with the recent hawkish repricing of the Fed's tightening cycle still in focus. TYH3 deals at 111-25, -0-07, a narrow 0-01+ range has been observed this morning.

  • Asia-Pac participants look to the minutes of the RBA's February policy meeting, which is on the wires at the bottom of the hour.

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.