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Light Bid In Futures

US TSYS

Tsy futures are ticking higher now as e-minis nudge lower again, some are attributing this to the weekend uptick in COVID cases in the Chinese province of Anhui, although we would suggest this is more of a minor factor for wider assets thus far, with Asia-Pac participants reacting to Friday’s soft U.S. ISM m’fing survey thus far. Note that the former may take more prominence when Chinese markets open and we get a clearer red on their direction. TYU2 last +0-09 at 119-17+, just off fresh session highs.

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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