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Choppy Trade Book-Ends Week Opener

US TSY FUTURES CLOSE

Rates trade stronger after the bell but off highs following knee-jerk move with equity rally to new highs likely tied to headline: "HOUSE WILL CONSIDER PPP EXTENSION ON TUESDAY" Bbg. Astrazeneca headlines generated vol earlier after Italy, Germany and Spain suspended covid vaccine use after some deaths reported.

  • 3M10Y -0.746, 157.921 (L: 156.792 / H: 160.657)
  • 2Y10Y -2.471, 144.902 (L: 144.226 / H: 148.236)
  • 2Y30Y -2.548, 220.118 (L: 219.105 / H: 224.198)
  • 5Y30Y -1.061, 152.533 (L: 151.512 / H: 154.848)
  • Current futures levels:
  • Jun 2Y down 0.25/32 at 110-11.875 (L: 110-11.625 / H: 110-12.375)
  • Jun 5Y up 2.75/32 at 123-24.75 (L: 123-20.25 / H: 123-25.5)
  • Jun 10Y up 6/32 at 131-31 (L: 131-23 / H: 132-02)
  • Jun 30Y up 24/32 at 156-10 (L: 155-13 / H: 156-14)
  • Jun Ultra 30Y up 1-16/32 at 183-24 (L: 182-10 / H: 184-03)

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