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Futures Marginally Firmer, Cash Closed Today

US TSYS

TYU3 deals at 113-04, +0-02+, a narrow 0-04 range has been observed on volume of ~22k.

  • Cash tsys are closed today due to the observance of a national holiday in the US.
  • Tsy futures were firmer in early dealing as US Equity futures firmed to early session highs.
  • The USD firmed, with the antipodeans pressured, and equity futures ticked away from best levels with tsys as the lack of detail on potential Chinese stimulus weighed on risk appetite.
  • TY dealt in narrow ranges with little follow through for the remainder of the session.
  • There is a thin data calendar today, further out the calendar for the week is highlighted by Housing Starts, Philadelphia Fed Non-Mfg Index and Jobless Claims.

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