January 31, 2023 00:16 GMT
Marginally Cheaper Start
US TSYS
Cash Tsys are 0.5-1.5bp early on Tuesday. TYH3 deals at 114-10+, +0-01+, with a narrow 0-03+ range observed.
- Asia-Pac Participants look to the global core FI cheapening seen yesterday, in the wake of stronger than forecast CPI from Spain, selling into the late NY bounce in Tsys.
- A reminder that official PMI data out of China provides the macro highlight of Tuesday's Asia-Pac session.
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