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Firmer Still

US TSYS

Tsys have continued to richen, with nothing in the way of meaningful headline flow becoming apparent, pointing to continued regional interest to fade Monday’s cheapening and/or short covering. Cash Tsys run 4.0-6.5bp richer across the curve, with intermediates still leading the bid after the zone drove the weakness on Monday. TYZ2 trades just off the peak of its 0-14+ session range.

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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