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Modest Regional Demand At Cash Open

US TSYS

T-Notes see their intraday range widen a little around the cash Tsy open, although that remains narrow at 0-03+, with the contract last -0-00+ at 133-18+. Cash Tsys deal little changed to 1.0bp richer across the curve, perhaps representing some modest regional demand on the back of the events around Kabul airport on Thursday. The Kansas City Fed has released the schedule surrounding the virtual Jackson Hole event, with comments from Chair Powell & Kansas City Fed President George presenting the only real points of note on that particular slate (as a reminder, plenty of Fedspeak via the usual TV outlets will surround the event itself).

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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