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Bonds Extend Lows, Yet Only Fraction of Fri's Rally

US TSY FUTURES
Bonds continue to extend session lows, decent overall volumes (TYZ1 >480k), yield curves bear steepening (except for 10s30s: still flatter at 33.837). Dec 10Y off lows at 130-25.5 (-12) with first support at 130-13 (50% retrace of Nov 24-26 bounce).
  • Dec 30Y sell-off to 161-14 low -- near middle of Fri's broad range:

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