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Bonds Gain as Yield Curves Make New 1Y Lows

US TSY FUTURES
Tsy 30Y bonds gaining, making new session highs last couple minutes, equities gaining as well (ESZ1 +40.0 at 4383.5), amid rather muted trade in lead-up to next FOMC policy annc (1400ET). 30YY drops to 1.8417% low.
  • Note: yield curves bull flattening with 5s30s making new low of 100.595 -- not seen since August 2020:

5s30s Yield CurveBloomberg/MNI

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