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Very light twist steepening of the curve....>

US TSYS
US TSYS: Very light twist steepening of the curve in early Asia cash trade,
given the combination of NIRP pricing in Fed Funds futures and broader risk-on
flows seen in early Asia, 2s 0.6bp richer, 30s 0.2bp cheaper, with T-Notes not
going anywhere fast, last -0-03+ at 139-06.
- Swap curve tracking the move in Tsys, with spreads little changed.
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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