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The space moved to session highs after......>

US TSYS
US TSYS: The space moved to session highs after the Washington Post reported
that US Special Counsel Mueller raised the possibility of a presidential
subpoena in a tense meeting with Trump's legal team.
- The space has eased from best levels, with the curve now sitting a little
steeper in the main as the belly underperforms.
- The white & red Eurodollar contracts largely trade a 0.5 tick back from
session highs, sitting unchanged to a tick higher.
- Focus is on Wednesday FOMC MonPol decision, with the Fed expected to stand
pat. Focus is on the June meeting, with markets fully pricing in a hike at next
month's decision. US ADP data will also hit on Wednesday.
- T-Notes last at 119.13, Tsy ylds: 2Y 2.500%, 3Y 2.638%, 5Y 2.814%, 7Y 2.932%,
10Y 2.972%, 30Y 3.133%
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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