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Marginally Cheaper Early On


Cash Tsys sit little changed to 1bp cheaper across the curve in early Asia dealing, with little in the way of meaningful headline flow to drive price action thus far. TYH2 has ticked lower but remains within the confines of the range observed over the past couple of trading sessions, -0-03 at 126-26. Note that Monday’s Asia low (126-22+) presents the immediate level of technical support in TYH2.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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