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10-Year Tsy Yields Near Potential TY CTA Sale Trigger

US TSYS

10-Year U.S. Tsy yields have breached the 1.00% level for the first time since March, last dealing around the 1.01% mark. As we flagged earlier, a note released by Nomura's quantitative analysis team over the Christmas-New Year period suggested that CTAs would only start aggressively selling TY positions on a breach of the 1.02% yield level in U.S. 10-Year Tsys.

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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