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Truth be told, there was little to report...>

US TSYS
US TSYS: Truth be told, there was little to report in terms of headline news
flow and data overnight.
- This meant that 8x 1250 block clips selling TYZ9 down from 131-09+ to 131-05
stole the show, pressuring T-Notes, and the broader Tsy complex as the space
stuck to a tight range.
- T-Notes last -0-01+ at 131-08, back from lows, with yields 0.5-1.6bp higher at
writing.
- Eurodollar futures are 1.0-1.5 ticks lower through the reds.
- NFP's and an address from Fed Chair Powell (the last address before the Fed's
blackout period gets underway ahead of its September meeting) provide the
headline risk events in NY hours.
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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