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July 10, 2018 05:33 GMT
U.S Tsys continued to edge lower............>
US TSYS
US TSYS: U.S Tsys continued to edge lower overnight as markets took solace in
the lack of escalation in the U.S.-China trade spat.
- A 5.0K lot seller pushed T-Notes to session lows, though the contract
continued to operate in a narrow band overnight.
- The eurodollar strip is virtually unchanged, although it is worth highlighting
some overnight buying interest in the EDZ9Z0 spread.
- Eyes are on U.S. CPI, PPI & Fed Chair Powell's semi-annual monetary policy
report due later this week.
- U.S 3-Year note supply will dominate the space today, with one eye on the U.S.
JOLTS print.
- T-Notes last at 120.02, U.S. 10-Year Tsy yields last at 2.866%.
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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