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Still Modestly Richer, A Little Shy Of Firmest Levels

US TSYS

U.S. Tsys consolidate the modest richening seen in Asia-Pac/early London morning dealing, with nothing in the way of headline drivers evident, outside of the usual talk of pre-event short cover in front of today’s FOMC decision. That leaves the major cash benchmarks 1-2bp richer, a little shy of best levels. The move has aided equities/gold and comes after a second leg of Tsy weakness became apparent late on Tuesday.

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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