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Breaking Higher, Following Bund Lead

US TSY FUTURES

Tsys paring losses now, 30Y bond near steady on day to NY session high (30YY appr 2.251%) following Bund lead (RXH2 climbed to 166.08) see 1105ET bullet.
Earlier cautious risk-on evaporated on renewed chatter over Russia invasion plans withing 48 hours (Newsweek). Russia/Ukraine tension gaining traction: Russia CDS 5y +76.126 to 424.32 -- off morning high of 433.33.0

Bloomberg

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