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Bond Futures test broader lows

BONDS
  • New intraday lows across the board in EGBs and US Treasuries, again all gradual moves with lower average volumes.
  • Latest flow saw 6k TYH4 sold through that small initial 111.00 level.
  • Below that 111.00 level, most will look at 110.22+, Monday's lows, following the 2 points fall, on the back of the NFP beat last Friday.
  • But focus in Yield terms is on the 4.20% mark, today equates to ~110.16+.

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