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Curves Bending Steeper

US TSY FUTURES
  • Treasury futures continue to extend lows (10Y -9.5 at 113-18 low, focus on 113-08+ Low Mar 15 support). Curves bear steepening at the moment with the short end outperforming: 2s10s taps -58.966 high vs. -61.954.
  • Fed speak kicks off with NY Fed Williams, does not comment on economy, monetary policy.

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