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Bear Steepening

US TSY FUTURES CLOSE

Weaker across the curve by the bell, more than making up for Tue's rally w/ yield curves bear steepening back to mid-2017 levels before scaling back slightly in late trade:

  • 3M10Y +3.745, 86.762 (L: 80.676 / H: 89.016)
  • 2Y10Y +3.29, 83.033 (L: 78.417 / H: 84.664)
  • 2Y30Y +4.627, 157.353 (L: 151.067 / H: 159.999)
  • 5Y30Y +3.348, 131.789 (L: 127.286 / H: 133.719)
  • Current futures levels:
  • Mar 2Y down 0.25/32 at 110-15.12 (L: 110-14.87 / H: 110-15.62)
  • Mar 5Y down 1.5/32 at 126-0.5 (L: 125-30.5 / H: 126-03.75)
  • Mar 10Y down 7/32 at 137-24.5 (L: 137-20 / H: 138-03)
  • Mar 30Y down 30/32 at 172-3 (L: 171-16 / H: 173-14)
  • Mar Ultra 30Y down 1-27/32 at 211-11 (L: 210-01 / H: 214-04)

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