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Softer Start Holds

US TSYS

T-Notes hold lower, -0-02+ at 136-19+, settling within the early range, while the cash curve comes under some light bear steepening pressure, with 30s sitting 1.5bp cheaper in early trade this week.

  • There is been nothing to add on the news flow front since the re-open, with headline flow muted thus far. S&P 500 e-minis moved to fresh all-time highs early this week.
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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