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Light Bid Comes In

US TSYS

T-Notes continue to operate in a narrow (0-03+) range, drawing very modest support from the downtick in e-minis. The latter sit 0.3-0.4% lower, perhaps on a gradual reaction to the North Korea missile launch and another round of weakness in the Chinese tech sphere. TYH2 last +0-03+ at 129-12+. Cash Tsys run little changed to ~1.5bp richer, with 30s outperforming. Broader headline and market flow remains fairly limited.

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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