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Tsys, Stocks Bounce Off Lows

US TSYS

Both Treasury futures and stock indexes bounce off respective lows, trading desks citing Reuters headline: "GERMAN GOVT SOURCE REJECTS REPORT SAYING BERLIN BACKS JOINT EU DEBT FOR LOANS TO EASE ENERGY CRISIS."

  • Earlier sell-off in Tsys on back of Bbg headline that "GERMANY BACKS JOINT EU DEBT FOR LOANS TO TACKLE ENERGY CRISIS".
  • USZ2 currently -1-14 at 124-03 vs. 123-21 low
  • ESZ2 -41.00 at 3612.25 vs. 3600.25 low

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