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Leaning On UK Fiscal Hope For Support Early On

US TSYS

The aforementioned hope re: UK fiscal matters in lieu of weekend comments from new UK C’llr Hunt has supported the Tsy space, with e-minis also firming and the USD trading on the backfoot. Cash Tsys are 2-3bp richer across the curve, with the 5- to 7-Year zone leading the way. TYZ2 trades 0-01+ off the peak of the early 0-06 range, last +0-03+ at 110-22+.

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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