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Watching Key Short-Term Support


Late Eurodollar/SOFR/Treasury Option Roundup


Recent Pullback Considered Corrective

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  • Local & USD rates open slightly weaker this morning in line with tentative global risk sentiment.
  • Local curve lifted +2bp higher in yesterday's session with selling pressure mostly seen in 3-5Y tenors.
  • W/w the local curve continues to bear flatten +10-25bp, with 3m-1Y tenors most offered.
  • Price action is relatively more muted in USD curve, with yields mixed to lower across the breadth by 2-4bp w/w.
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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