Free Trial

Slight Twist Steepening In Early Asia-Pac Trade

US TSYS

TYU3 is currently trading at 113-09+, in line with NY closing levels.

  • Cash US tsys have opened in Asia-Pac trade with a slight twist steepening after the 2/10 curve inverted to around 100bp in NY trade.
  • Federal Reserve Bank of Atlanta President Raphael Bostic told MNI Wednesday he's prepared to hold interest rates at current 15-year highs through the end of 2024, but would be willing to support additional monetary tightening if inflation proves more stubborn than he expects. (See link)
  • Chairman Powell reappears at Senate Banking Committee tomorrow at 1000ET.

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.