Free Trial

Tsys have continued from where they left....>

US TSYS
US TSYS: Tsys have continued from where they left off last week, moving lower in
Asia-Pacific trade, with the front end leading the way, resulting in a modestly
flatter curve with 3-Year paper underperforming.
- Broader risk-on flows have been apparent, with little in the way of
fundamental catalysts noted. Traders still seem happy to re-price an increased
chance of Fed hikes following the sharp adjustment that was seen in the early
part of last week on the back of the Italian political situation, with the
Eurodollar strip trading lower yet again.
- All of this comes despite the fact that US ComSec Ross' trip to China seems to
have yielded little in the way of progress.
- It is worth noting that the FOMC is now in the "blackout period" ahead of next
week's MonPol decision.
- T-Notes last at 119.20+, US 10-Year Tsy yields closed at 2.917%.
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.