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Narrow Trade Continues

US TSYS

T-Notes last dealing -0-00+ at 132-18+, sticking to a 0-04 range thus far. Cash Tsys deal little changed to 1.0bp richer across the curve. There has been little in the way of meaningful headlines since the cash re-open, with flow subdued once you net off the impact of rolls in the futures space. Upside exposure has provided the only real highlight on the flow side, with a 10K screen buyer of TYV1 135.50 calls seen.

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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