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Marginally Firmer

US TSYS

Tsys have marginally firmed in recent dealing, however TY was unable to breach Tuesdays high. There was no overt headline driver and the USD sits little changed and e-minis a touch off session highs. This leaves cash tsys flat to 1bp richer across the major benchmarks, the curve is marginally steeper. TYM3 deals at 113-20+, +0-01, with 0-05 range observed thus far.

  • The latest RBNZ monetary policy decision crosses in around 30 minutes and headlines today's Asian session.

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