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Off Worst Levels After TY Fails To Meaningfully Break Below Tuesday’s Low


A portion of the previously flagged downtick has held, although Tsys are off session cheaps after TYH3 only managed to have a very short and shallow show below its Tuesday base. The contract last deals -0-04+ at 113-12+, 0-03 off the base of its 0-07+ range. Cash Tsys are 1.0-2.5bp cheaper. Macro headline flow remains limited, at best.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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