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BLOCK, Large Dec'23 5Y/30Y Ultra

US TSY FUTURES
  • Large 5Y30Y Ultra bond block crossed at 1510:26ET:
    • 20,698 FVZ3 105-03 through the 105-04.25 post time bid, DV01 $877,500
    • 4,490 WNZ3 116-31 through the 117-00 bid, DV01 $921,700
  • Both leg through the bid, but trading desks suggest the package is a flattener/steepener unwind on today's move.

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