Monday, 4 June 2012

Treasury Futures Track Bunds Lower


Treasury futures track Bunds lower, in the absence of major cues. Trading flows are lighter-than-usual because of a market holiday in London. Euro-zone PPI data are out at 0900 GMT, while in the US, the ISM-NY business index will be released at 1345 GMT. The September Treasury futures contract is down at 134-190. June Bunds are meanwhile down 0.28 at 146.06.


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