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Fresh Cycle Highs For Oil Weigh

US TSYS

Oil surges higher, with WTI futures topping the $108 mark & Brent above $110, resulting in a fresh round of selling pressure in the Tsy complex. That has pushed TYM2 to fresh session lows, last -0-16 at 128-07+, while cash Tsys run 3-5bp cheaper on the day, with the front end leading.

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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