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US Tsy Futures Slightly Cheaper As Debt Ceiling Deal Is Digested

US TSYS

TYM3 is currently trading at 112-08, down 4+ points compared to NY closing levels on Friday. Earlier during the Asia-Pacific trading session, it hit a low of 112-03+. The market's reaction is linked to the news of a bipartisan debt ceiling agreement that was reached on Saturday. However, the true test remains in garnering support from lawmakers across the political spectrum.

  • With the Asian calendar light today, local participants are likely to be headlines watch.
  • Cash tsys are closed today for the Memorial Day holiday.

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