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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 Friday, around
unchanged territory, sticking to a tight range on solid volume.
- This came after yields ticked higher in Asia-Pacific dealing on the back of
the BOJ's latest Rinban adjustments, before softer than exp. EZ PMI data leant
support in European hours.
- Cash Tsys are closed until London trading on Monday owing to a Japanese
holiday.
- The Eurodollar strip finished Friday slightly higher with a parallel shift
across the strip, on decent volume.
- The space has had little reaction to weekend headlines from the WSJ noting
that China has cancelled the planned trade talks with the U.S. amid escalation
of tariff threats.
- T-Notes last 118.22+, 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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