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Extend Highs Post-BOE Rate Annc

US TSYS

Treasury futures extend highs following the steady rate annc with a dovish shift from the BOE just now, Jun'24 10Y taps 110-26.5 high (10Y yield 4.2157% low) nearing technical resistance of 111-01+ (50-day EMA) -- pre-PPI levels. Curves unwinding a portion of yesterday's steepening, 2s10s currently -1.683 at -34.846.

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Treasury futures extend highs following the steady rate annc with a dovish shift from the BOE just now, Jun'24 10Y taps 110-26.5 high (10Y yield 4.2157% low) nearing technical resistance of 111-01+ (50-day EMA) -- pre-PPI levels. Curves unwinding a portion of yesterday's steepening, 2s10s currently -1.683 at -34.846.