Free Trial

Bonds Lead Rebound

US TSY FUTURES
Yield curves unwinding a portion of Thu's steepening move with Bonds extending pre-NY open highs, albeit on light volumes, TYH2 just over 270k w/appr 32k trading over the last hour, 10YY 1.3919L. No surprise markets thin heading into holiday's.
Overnight trade two-way on net with prop and fast$ squaring up ahead weekend. Earlier steepener BLOCK:
  • +5,400 FVH2 121-07.25 buy through 121-06.75 post time offer at 0500:57ET vs.
  • -1,500 USH2 161-28, sell through 161-29 post-time bid

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.