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Back Near Pre-Revision Lows

US TSY FUTURES
  • The Tsy futures pendulum has swung lower, TYH4 trades 110-22.5 (-1.5) since the initial positive react to BLS Cpi revisions sent the contract to 111-01 high.
  • Inside technicals: intraday low support at 110-19.5 followed by 110-16 (Low Dec 13); resistance well above at 11-16/113-06+ (20-day EMA / High Feb 1).
  • Curves mildly steeper, 2s10s +.469 at -29.948, 10Y yield: 4.1657% +.0116.

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