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Holding Early, Modest Downtick

US TSYS

Tsys hold their early, modest move lower, with an uptick in crude oil futures and the Asia-Pac reaction to Monday’s cheapening seemingly in the driving seat in the early rounds of Tuesday dealing. The major cash benchmarks run 0.5-1.0bp cheaper across the curve, with TYH3 sitting -0-02 at 114-02+, 0-01 off the base of its narrow 0-04 range. Macro headline flow remains light, with a heavy start for the Chinese property sector in equity trade noted.

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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