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TU/UXY Flattener Blocked

US TSY FUTURES

Latest block trades lodged at 05:59:24 London/00:59:24 NY:

  • TUM3 3,585 lots blocked at 103-06.75, looks like a seller.
  • UXYM3 1,456 lots blocked at 120-16, hard to be 100% sure of direction but would say a buyer.
  • Would suggest that the trade represented a TU/UXY flattener block, following on from a slightly smaller sized expression in the same direction and in the same contracts earlier in Asia-Pac trade.
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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