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Narrow Ranges, Cash Remains Closed


TYH3 deals at 111-30, -0-02, with a narrow 0-02+ range observed. Asia-Pac participants continue to digest Friday richening and heightened geopolitical tensions (centred on Sino-U.S. relations and the latest round of North Korean missile launches).

  • A reminder that cash tsys are closed today for the observance of the Presidents Day holiday.
  • Participants look to the LPR fixings from China, which are on the wires in just over one hour, Bloomberg survey shows no changes are expected for the 1 and 5-Year LPR.

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