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Bonds Extend Highs

US TSY FUTURES

Tsys extend rally after the bell, 30Y Bond climbs to post-FOMC levels (before sharp June 21 sell-off). No obvious driver with 30YY dipping to 2.0223%, 10YY to 1.4069%. US markets back from extended 4th July holiday helping boost trade volumes while some desks point to release of June FOMC minutes tomorrow for round of position squaring/current bid. Yield curves flatter:

  • 3M10Y -0.932, 136.38 (L: 135.789 / H: 139.503)
  • 2Y10Y -1.399, 117.424 (L: 117.255 / H: 120.878)
  • 2Y30Y -1.755, 178.724 (L: 178.523 / H: 183.033)
  • 5Y30Y -0.578, 117.566 (L: 117.338 / H: 119.993)

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