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Off Best Levels As Biden Plays Down Likelihood Of Russia Launching Missile Into Poland

US TSYS

Tsys have softened away from highs after U.S. President Biden flagged that it was “unlikely” that the fatal missile strike witnessed in Poland on Tuesday stemmed from a missile launched from Russia. Cash Tsys run 1.5-3.5bp cheaper across the curve, with the belly leading the weakness. TYZ2 sits -0-00+ at 112-17+, 0-01+ off of the recently registered session lows, with the contract operating in a 0-11 range.

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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