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Tight Ranges Maintained, A Touch Shy Of Best Levels

US TSYS

Tsys sit just off best levels, with e-minis finding a bit of a base, at least for now (with the 3 major contracts last sitting ~0.4% lower). Meanwhile, the USD is trading on the defensive. Cash Tsys run 1.0-1.5bp richer. TYU2 deals +0-07 at 119-28, 0-03 off the peak of the relatively narrow 0-07 range in play thus far. Wider macro headlines have been very limited thus far, leaving cross-asset flows at the fore.

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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