Free Trial

Pressure Maintained

US TSYS

Seems to be some cross-asset movement with another round of weakness in the U.S. Tsy space facilitating a USD/CNH move above CNH6.7000 and general USD strength, although Thursday’s extremes in TYM2 & U.S. 10-Year yields haven’t been breached, yet. TYM2 last -0-02 at 119-00, 0-04+ off recent session lows. If yesterday’s worst levels (117-26) give way then bears will look to the low from Nov 8 ’18 (117-22+) as the next level of technical support.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.