Free Trial

Light Richening Observed

US TSYS

A light bid has crept into the Tsy space after the marginal cheapening seen earlier, seeing cash Tsys run 1-2bp richer across the curve, with the belly leading the bid. TYU2 deals +0-03 at 116-29, operating just off best levels of the day

  • The limited moves in Tsys come amidst a lack of notable macro headline flow, with an uptick in the major crude oil benchmarks (WTI and Brent operate a little below fresh one-week highs at writing) possibly capping the space after weakness in some of the major Asia-Pac tech equity benchmarks seemingly provided some support.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.