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Richening Holding

US TSYS

Cash Tsys sit 0.5-2bps richer across the major benchmarks. The bulks of the early richening has held, although Tsys have nudged away from best levels. TYH3 deals at 110-30, +0-00+, in the middle of its 0-04+ range.

  • There has been little meaningful macro headline flow cross in recent dealing.
  • BOJ Governor nominee Ueda will appear before the Upper House this afternoon in another confirmation hearing, partcipiants will have an eye on any gyrations in JGBs as he speaks.

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