December 31, 2024 07:13 GMT
BONDS: Bonds are in the Green heading into Year End
BONDS
- Europe is closed and the US and the UK will have an early close as we turn the page on 2024.
- US Tnotes (TYH5) continues to see a decent recovery in Futures, right on the June High in Yield of 4.6357%, tested on the 26th December with a 4.6393% high on that day.
- Further upside continuation in futures will see the next immediate resistance in Futures at 109.08+ (4.48% in Yield), but the lack of liquidity will likely keep the contract fairly subdued, given that it has only traded 50k lots overnight and into the European session.
- There's no notable data, nor speakers for the session
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