Free Trial

Extending Lows

US TSY FUTURES
  • Treasury futures continue to extend lows ahead the NY open, continued pressure after UK inflation data picked up overnight (CPI 10.4% vs. 9.9% estimate, 10.1% prior).
  • No new headlines for latest move but moderate consolidation after Tuesday's rally with front month Jun'23 30Y futures -17 at 129-15, 30Y yield marking 3.7586% high.
  • Yield curves bear flattening (2s10s -3.811 at -60.151) with short end underperforming, 2Y futures marking 102-31.5 low, 2Y yield taps 4.2227% high.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.