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Front End Catches Up With Long End Richening

US TSYS

Tsys continue the post-data richening, with TY moving to fresh session highs, last +0-08+, while cash now runs 2.5-3.0bp richer across the curve as the front end catches up to the long end move, aided by the downtick in FOMC dated OIS.

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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