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Muted Session In Asia

US TSYS

TYH4 deals at 1110-08+, unchanged from Friday's settlement level, a 0-04+ range has been observed on volume of ~87k.

  • Cash tsys sits ~1bp cheaper across the major benchmarks.
  • Tsys have observed narrow ranges in a muted Asian session, there has been little follow through on moves and little meaningful macro newsflow has crossed.
  • Flow wise a FV (3.4k lots)/ WN (750 lots) flattener was the highlight flow wise.
  • The docket is thin on Monday.
  • The highlight of the week's data docket is the November CPI print on Tuesday, headline CPI is expected to hold flat in November. 10- and 30-Year Supply are also due this week.

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