Free Trial

Bounce, Retrace Post ADP Miss

US TSY FUTURES

Tsy futures gain on lighter than expected ADP private employ: added only 307k jobs vs. +430k est (+365k last month), little follow-through, however, still an inside range. Yld curves bounce.

  • 3M10Y +0.266, 83.744 (L: 81.574 / H: 84.405)
  • 2Y10Y +0.286, 75.877 (L: 74.498 / H: 76.537)
  • 2Y30Y +0.309, 149.852 (L: 148.328 / H: 150.725)
  • 5Y30Y -0.104, 124.945 (L: 123.706 / H: 125.54)
  • Current futures levels:
  • Mar 2Y +0.75/32 at 110-12.25 (L: 110-11.87 / H: 110-12.5)
  • Mar 5Y +2.75/32 at 125-24.5 (L: 125-23 / H: 125-25.5)
  • Mar 10Y +4/32 at 137-18 (L: 137-15.5 / H: 137-21)
  • Mar 30Y +7/32 at 172-28 (L: 172-20 / H: 173-06)
  • Mar Ultra 30Y +18/32 at 212-9 (L: 211-24 / H: 212-27)

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.