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T-Notes finished well off of session...>

US TSY/RECAP
US TSY/RECAP: T-Notes finished well off of session lows on Thursday, with the
30-Year's outperformance in cash trade promoting some modest curve flattening on
the day, as lofty yield levels enticed long end traders later in the session.
- Tsys were largely pressured by a buoyant session for equities and wider long
end swap spreads.
- This was before the long end garnered support from a 10-Year futures block
buyer, with a sizeable 2s5s flattener also blocked.
- The Eurodollar strip was lower, experiencing a virtually parallel shift by
settlement.
- T-Notes last 118.21, U.S. 10-Year cash Tsy yields closed at 3.063%.
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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