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Indecisive Early On

US TSYS

T-Notes still stuck in a narrow 0-03 range, last +0-01 at 139-18+, perhaps seeing light support from continued political unrest surrounding the protests/violence in several U.S. cities (that President Trump is seemingly trying to defund). Elsewhere, we have seen little of note, with the back and forth between China & the U.S. continuing, in addition to a fairly vanilla round of rhetoric from San Francisco Fed President Daly. Yields unchanged to 0.7bp richer across the curve in early cash trade.

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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