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Marginally Firmer As Asia Fades The NY Cheapening

US TSYS

Tsys have firmed a touch in early Asia trade, with participants seemingly willing to fade the NY cheapening, which lacked a meaningful headline driver. E-minis have squeezed higher, with the broader DXY marginally lower in FX trade.

  • That leaves the major cash benchmarks running 1-2bp richer across the curve, with TY2 dealing 0-00+ off the peak of its early 0-06 range, last +0-05 at 110-27+.
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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