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Oil Adding Some Pressure

US TSYS

The space has seen some modest cheapening since our previous bullet, most recently aided by a ~2K screen seller of TYZ1 futures, pushing the contract to new session lows, trading -0-05 at 131-20+ at typing (just above Monday's low of 131-19+). There hasn't been much in the way of notable headline flow to observe, although crude oil futures have continued to move higher, adding some pressure to the space.

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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