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Bonds Go Bid

US TSY FUTURES

No obvious driver as Bonds extend past overnight highs after the open, albeit amid very light holiday volumes (USH2 appr 30.5k, TYH2 appr 100k). Yield curves bending flatter, 30YY slips to 1.8695%, 10YY 1.4687%. Current yield curve:

  • 3M10Y -0.937, 140.788 (L: 137.236 / H: 141.906)
  • 2Y10Y -5.002, 72.07 (L: 71.647 / H: 77.792)
  • 2Y30Y -5.896, 112.009 (L: 112.009 / H: 118.387)
  • 5Y30Y -1.577, 61.981 (L: 61.954 / H: 63.7)

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