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Hang Seng's Early Recovery Applies Some Modest Pressure

US TSYS

The Hang Seng's recovery to neutral levels after losses of nearly ~1.5% in early trade has applied some modest pressure to the Tsy space, although there hasn't been much in the way of notable market flow to report thus far. Broader macro headline news remains light, with perceptions surrounding "risk" in the driving seat. T-Notes -0-04 at 133-04+, while cash Tsys run little changed to 1.0bp cheaper on the day.

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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