T-notes closed the session higher aided by a largely risk-off session which saw the 10y yield fall over 7 BPS to 1.883% as European equities fell with the uncertainty surrounding Italy. Today also saw the US 2y USD 35bln note auction which was ignored after coming in alongside expectations with risk-off sentiment dominating the session.T-notes are also benefited from the week’s looming March 1st US sequester deadline. At the pit close T-notes settled at 132.16, up19 ticks.
Print 20:13, 25 Feb 2013 - Fixed Income - Source: RANsquawk
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