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T-Notes -0-01+ at 128-27, in a 0-04+........>

US TSYS
US TSYS: T-Notes -0-01+ at 128-27, in a 0-04+ range with some selling impetus
(aided by a 1.0K sell order in TYH0) resulting in fresh intraday lows in recent
trade. Yields 0.5-1.0bp higher across the curve as we write.
- Selling of the TYH0 130.00 calls was highlighted, with block flow also
observed in the put space, as we noted, it looked like a buyer of the TYH0
127.50 puts vs. larger selling/liquidation in the TYG0 puts.
- Eurodollar futures unchanged to 1.5 ticks lower 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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