Free Trial

Tsys continue to edge away from the.........>

US TSYS
US TSYS: Tsys continue to edge away from the opening lows and Monday's worst
levels as regional equity indices operate off of early highs & Asia-Pacific
traders choose to fade Monday's sell-off.
- Ongoing Brexit impasse & some focus on a local South Korean report which noted
that a South Korean official said that "North Korea could be on the brink of a
missile launch from a pad on its western coast" on Monday have generated support
for the space.
- Also worth noting that a block trade in late NY hours Monday helped pressure
Tsys ahead of the close, so move may represent some unwind.
- The belly of the curve outperforms after struggling Monday. Yields trade
1.1-2.3bp lower at writing.
- Eurodollar futures trade unchanged to 1.5 ticks higher through the reds.
- T-Notes last 123.23, U.S. 10-Year cash Tsy yields last 2.480%.
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.