November 09, 2022 13:31 GMT
Bonds Extend Lows, Corporate Hedging? GE Healthcare Jumbo
US TSY FUTURES
Tsy 30Y bonds sell-off after the bell, extending lows (30YY 4.3158%, +.0409), yield curves bear steepen (2s10s +1.047 at -52.096). No obvious headline trigger or block trade at the moment, some moderate sell volume in TYZ2.
- Pick-up in corporate issuance: GE Healthcare 6-part jumbo rumored appr $8B total, in addition to today's $35B 10Y note sale.