Free Trial

Light Twist Flattening

US TSYS

The curve has twist flattened a touch after Thursday’s bear steepening, pivoting around 20s, with 2s running 1bp cheaper on the session, while 30s are incrementally richer. There hasn’t been much in the way of meaningful headline flow to shape early Asia-Pac dealing, with Japanese markets returning, while participants are still digesting Thursday’s reversal of post-FOMC price action and looking ahead to Friday’s U.S. NFP print. TYM2 has operated in an 0-08 range, last dealing +0-05+ at 118-07+, sticking comfortably within the confines of Thursday’s range.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.