Free Trial

The weekend attack on Saudi crude...........>

US TSYS
US TSYS: The weekend attack on Saudi crude facilities has driven price action in
early trade this week, with T-Notes on the front foot as a result, with the
contract last +0-08 at 128-26+, albeit back from the re-open high of 128-30+.
- Friday saw the space pressured, as the belly unperformed in cash trade. The
latest developments on the U.S.-China trade front, coupled with stronger than
expected headline retail sales & UoM sentiment data, were the major catalysts
behind the move, as yields continued to back away from their cycle lows.
- Wednesday's FOMC MonPol decision provides the highlight of this week's docket.
- Cash Tsys will be closed until London hours with Japan set to observe a market
holiday.
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.