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Not much to offer in early cash Tsy trade...>

US TSYS
US TSYS: Not much to offer in early cash Tsy trade this week as participants
return from the elongated weekend, with yields 0.2-0.5bp richer across the curve
at typing.
- Participants are having to assess the perceived support from larger than
average month-end extension estimates, impact of the upcoming Tsy coupon supply
and bid in equity markets, in addition to the growing Sino-U.S. tension.
- T-Notes still holding to their Memorial Day range, last +0-01+ at 139-06+.
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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