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Tight Start, CNY Matters Headline

US TSYS

T-Notes continue to stick to the confines of a 0-02 range, last -0-05 at 131-25, with the movement in the Chinese yuan garnering the most attention early this week after Chinese state owned media and former policymakers flagged risks to those betting on a continued appreciation in the CNY vs. the USD. Broader headline flow and market moves remain limited as the U.S. and the UK observe holidays on Monday, with the former resulting in the closure of the cash Tsy market.

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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