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T-Notes Rangebound In Limited Trade, Evergrande Worry Sees Modest Bid

US TSYS

The previously flagged holidays in play in several major Asia-Pac financial centres and resultant closure of the cash Tsy market until London hours (on the back of the Tokyo holiday) is limiting broader activity in the space, with T-Notes sticking to a 0-03 range thus far, last +0-02 at 132-17. The worry surrounding Evergrande is seemingly in the driving seat during Asia-Pac hours, with the Hang Seng coming under pressure as the property sector and related names struggle. T-Note volume sits at very limited ~22K.

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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