Free Trial

*** Continue to extend session.......>

US TSY FUTURES
US TSY FUTURES: *** Continue to extend session lows on heavy volume, flow
includes fast$, props selling in 2s-10s, real$, bank portfolio selling 10s-30s,
central bank selling intermediates FX acct and program selling. Also chatter of
MBS/negative convexity selling on latest downturn. Curve finds steepener
interest, update:
* 2s10s +2.921, 48.189 (48.373H/44.513L);
* 2s30s +2.394, 60.705 (60.743H/57.503L);
* 5s30s +0.485, 27.573 (27.742H/26.155L);
Current futures levels:
* Jun Ultra bonds down 1-10/32 at 154-31 (154-27L/156-09H)
* Jun 30-yr Bond futures down 1-1/32 at 141-23 (141-20L/142-23H)
* Jun 10-yr futures down 12.5/32 at 118-27.5 (118-25L/119-07H)
* Jun 5-yr futures down 6.25/32 at 113-01.5 (113-01.25L/113-07H)
* Jun 2-yr futures down 1/32 at 105-28.75 (105-28.75L/105-29.75H)

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.