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Light twist steepening of the curve seen,...>

US TSYS
US TSYS: Light twist steepening of the curve seen, with 2s 0.4bp richer and 30s
1.1bp cheaper as the impetus in the space from late NY trade spills over into
Asia hours, even with crude oil trading on the defensive. Swap curve also twist
steepening, with spreads mixed vs. Tsys.
- T-Notes happy to hold a tight range, last -0-03+ at 138-17+.
- For Eurodollar futures, EDM0 continues to outperform through the reds, +1.5.
vs. unchanged to -0.5 for the remainder of the contracts in that area of the
strip.
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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