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Light Pressure Creeps In

US TSYS

Light pressure in T-Notes as e-minis nudge to best levels of the session, with T-Notes last -0-02 at 138-23+, seemingly aided by a 2.8K screen seller at 138-25, with the contract having a look through yesterday's lows. The cash curve is bear steepening, with the space trading 0.4-1.8bp cheaper across the curve. Little in the way of notable headline flow to drive the move.

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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