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Limited risk-off flows, tied in with some...>

US TSYS
US TSYS: Limited risk-off flows, tied in with some pressure on the Hang Seng
index, provided some light support for the core FI space in Asia-Pac hours,
although there was little in the way of defining news flow. +ve & -ve headlines
surrounding the ongoing issues re: North Korea had little impact on the space.
The regional docket was also ltd after the minutes from the Fed's most recent
MonPol decision failed to move the needle.
- T-Notes last +0-01+ at 130-17+, with yields 1.1-2.1bp lower across the curve.
As a reminder, a market source highlighted a 10.0K FVV9 119.00/118.75 Put Strip
(+, +) blocked at 0-23+ with 5.1k FVU9 at 119-05.25. Early in the session there
was small selling of TYU9 131.25 & TYV9 133.50 calls.
- Eurodollar futures sit unch. to +0.5 tick thru the reds. 0EU9 98.50 puts saw
paper pay 0.0400 on 10.0K, we saw the exact same trade in the Asia time zone
yesterday.
- Flash PMI data precedes the opening of the Fed's annual Jackson Hole Symposium
later today.
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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