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US TSY FUTURES: Curves Extend Bear Steepening Ahead 2Y Sale

US TSY FUTURES

Treasury futures continue to extend lows ahead of the 2Y auction at the top of the hour, 10s underperforming with the Mar'25 contract trading 108-19 low (-12) - nearing last Thursday's low of 108-16.5, next support at 108-12.5 (1.382 proj of the Oct 1 - 14 - 16 price swing). The 2s10s curve taps 24.053 high (3.281).

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Treasury futures continue to extend lows ahead of the 2Y auction at the top of the hour, 10s underperforming with the Mar'25 contract trading 108-19 low (-12) - nearing last Thursday's low of 108-16.5, next support at 108-12.5 (1.382 proj of the Oct 1 - 14 - 16 price swing). The 2s10s curve taps 24.053 high (3.281).