US TSYS: Holding Cheaper

Apr-04 03:14

Tsys are holding cheaper through the Asian session. Little meaningful macro newsflow has crossed in recent dealing and the USD sits at session highs. E-minis are ~0.1% softer and teh Hang Seng is down ~1%. This leaves cash tsys 0.5-2bps cheaper across the major benchmarks, the curve has bear flattened. TYM3 deals 115-15+, +0-01, a touch off the base of the observed 0-05+ range.

  • The RBA's monetary policy decision is on the wires in just under 90 minutes (0530 BST, 1430AEST). The bank is expected to hold rates at 3.6%.

Historical bullets

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