Free Trial

T-Notes operate in the middle of a.....>

US TSY/RECAP
US TSY/RECAP: T-Notes operate in the middle of a narrow 4 tick range, with the
curve sitting a touch flatter at writing.
- The general ebb and flow was dominated by a risk off feel in early dealing,
before equity supportive measures/rhetoric from the PBOC and Chinese regulators
alleviated some of the negative sentiment.
- There was no notable reaction across the major asset classes to the marginal
miss in headline China Y/Y GDP.
- Eurodollar volume is well above average for this time of day, led by activity
in EDZ8, following Thursday's underperformance in the front end of the strip.
Contracts last trade 0.5 to 1.5 ticks lower.
- Focus Friday turns to Fedspeak from Bostic & Kaplan.
- T-Notes last 118.03+, U.S. 10-Year cash Tsy yields last 3.177%.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.