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Curve Marginally Flatter

US TSYS

Tsys were unable to hold gains seen alongside the Yen firming and pressure on Japanese equities. Little meaningful macro news flow has crossed in recent dealing, and tsys have ticked away from best levels. Cash tsys sit 1bp cheaper to 0.5bps richer across the major benchmarks, the curve has twist flattened pivoting on 20s. TYU3 deals at 114-00, +0-07, with a 0-04 range observed.

  • A thin data calendar for the remainder of the Asian sessions leave participants on headline watch.

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