Free Trial

Softer Start

US TSYS

Tsys have come under modest pressure during early trade this week, with Asia-Pac participants willing to undertake some light selling even as e-minis nudge lower on the previously outlined risk-negative factors (soft Chinese economic data released over the weekend and bubbling Sino-U.S. tensions). TYU2 last deals -0-04 at 121-00+, 0-00+ off the base of its early 0-05+ range, while cash Tsys run 1-3bp cheaper across the curve, with the front end leading the cheapening. Eurodollar futures are 1.0-3.5bp cheaper through the reds, also bear flattening.

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.