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Strong bid as USD/CNH breaks above CNH......>

US TSYS
US TSYS: Strong bid as USD/CNH breaks above CNH 7.00.
- Curve has been subjected to some light twist steepening until then, but yields
are now lower across the curve. The short end of the curve is still
outperforming longer dated paper with yields 1.7-2.5bp lower across the curve at
writing.
- T-Notes last +0-07+ at 129-03.
- Eurodollar futures trade 1.5-5.0 ticks higher through the reds.
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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