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Bid Evaporates On NY Open

US TSY FUTURES

Pre-NY open support in Tsy futures evaporated immediately after the bell, dragged balance of curve lower but seeing mild buying on lows now. Exact trigger unknown but Gilts and Bunds slipped prior as well. Yld curves mildly flatter. Update:

  • 3M10Y -0.973, 57.96 (L: 54.682 / H: 58.285)
  • 2Y10Y -0.978, 52.535 (L: 50.989 / H: 52.86)
  • 2Y30Y -1.943, 126.163 (L: 125.021 / H: 127.452)
  • 5Y30Y -1.399, 113.039 (L: 112.551 / H: 114.333)
  • Current futures levels:
  • Sep 2Y steady at at 110-12.625 (L: 110-12.375 / H: 110-12.875)
  • Sep 5Y steady at at 125-25.25 (L: 125-24.5 / H: 125-27)
  • Sep 10Y up 0.5/32 at 139-11 (L: 139-09 / H: 139-16)
  • Sep 30Y up 4/32 at 178-15 (L: 178-06 / H: 178-30)
  • Sep Ultra 30Y up 9/32 at 218-30 (L: 218-05 / H: 219-20)

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