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BLOCK, Late 2Y/10Y Ultra Steepener

US TSY FUTURES

Late steepener Block posted at 1532:55ET

  • +14,089 TUU3 101-12.5, buy through 101-12 post-time offer (DV01 $) vs.
  • -5,606 UXYU3 113-22.5 -- actually above the 113-22 post-time offer -- but given curves maintaining steeper profiles the 10Y ultra-leg appears to be a sale

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