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Bonds Sliding

US TSY FUTURES
Yield Curves making new session highs (5s30s 150.725) last couple minutes as duration selling in long end extends new session lows in bonds. Levels nowhere near Thursday's post 7Y auction indigestion when 30YY hit 2.3944% high (currently 2.2228%) levels closer to Friday's midrange. Sporadic real$ and central bank selling in 10s-30s after better selling from same in first half, as well as swap-tied rate paying in 20s now.
  • Technicals: TYM currently 133-05 +14/32 vs. 133-00 low, well above first support of 132-08, second support 131-31 Feb 25 Low and bear trigger.

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