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T-Notes edged lower for a second............>

US TSYS
US TSYS: T-Notes edged lower for a second consecutive Asia-Pacific session, with
some suggesting recent price patterns reflect end of Japanese FY selling. This
was coupled with spill over from the latest round of Brexit voting in the UK's
House of Commons in late NY hours. Tsys drew limited support ahead of last
night's Brexit vote as U.S. President Trump noted that he is "not in a hurry" to
complete a trade deal with China.
- The overnight tick lower came about even as Chinese equities struggled, with
U.S. equity futures also under some modest pressure.
- Outright flow was limited overnight, and there was little to no reaction to
the latest round of Chinese activity data.
- Eurodollar futures trade 0.5 to 2.5 ticks lower through the reds.
- The U.S. docket is somewhat limited today.
- T-Notes last 122.21+, U.S. 10-Year cash Tsy yields last 2.628%.
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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