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Duration Bounce

US TSY FUTURES

Duration bounce, Bonds climb back above Friday's lows after gap offer in equities saw ESM1 fall to 4154.75 low. Choppy trade all-around, however, bounce in Tsys falters as ESM1 bounces back around 4164.0. More tactical-trade driven than any single headline catalyst. Yld curves bending steeper:

  • 3M10Y +1.524, 157.986 (L: 152.896 / H: 159.324)
  • 2Y10Y +1.772, 143.438 (L: 139.081 / H: 144.827)
  • 2Y30Y +2.37, 212.541 (L: 207.682 / H: 213.494)
  • 5Y30Y +1.247, 144.815 (L: 142.295 / H: 144.892)

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