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T-Notes last +0-05 at 131-16+, with the.....>

US TSYS
US TSYS: T-Notes last +0-05 at 131-16+, with the long end notably outperforming
in cash trade.
- Comments from U.S. trade advisor Navarro, suggesting that it is unlikely that
there will be a quick breakthrough in Sino-U.S. trade talks, supported the
complex. This has allowed bulls to regroup after some late steepening pressure
came to the fore on Wednesday as U.S. Tsy Sec Mnuchin noted that the issuance of
ultra-long bonds is under "very serious consideration."
- Eurodollar futures 1.0-1.5 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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