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Curves Update, New Highs Post Blocks

US TSY FUTURES

Curves taking another leg steeper after latest Block posts (5Y/30Y Ultra and 2Y/5Y), contributing to already steeper profiles this morning. At the moment:
3M10Y +12.590 at -123.591 -- breaching early July highs, the spread is back to early April levels.
2Y10Y +9.953 at -70.594, back to late May levels.
Both spreads are well off Q1 highs: 3M10Y -77.419 on March 2; 2Y1Y -26.706 on March 24.

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