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Tsys have drawn some modest support from....>

US TSYS
US TSYS: Tsys have drawn some modest support from the Chinese statement re: the
recent U.S.-China trade talks, which signalled that no major headway was made
during the 3-day sit-down. RTRS note that MOFCOM said the talks "were extensive,
deep & detailed, and promoted mutual understanding." MOFCOM also noted that
"talks established a foundation for the resolution of eachothers' concerns,"
with both sides agreeing to maintain close contact. Contract now deals through
Wednesday's session high.
- Curve modestly bull steepening in early Asia-Pacific trade.
- White and red Eurodollar contracts trade 0.5 to 2.5 ticks higher.
- T-Notes last 121.29+, U.S. 10-Year cash Tsy yields last 2.698%.
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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