November 12, 2024 13:48 GMT
BONDS: Heavier selling going through in Treasuries
BONDS
- US Treasuries are seeing another round of selling, the lower liquidity helps exacerbate some of the moves, and takes smaller size clips to move the needle.
- TYA is sold in over 12k, and FVA 12k, couple of large clips respectively, all cumulative volumes, no Blocks.
- Initial support is unchanged at 119.14 in TYZ4, and European Govies are fading once again, mostly two way flows in European Govies so far this week.
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