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Extending Lows

US TSY FUTURES
  • Treasury futures are extending session lows, currently back to early Tuesday levels (TYU4 -22.5 at 113-06; 10Y yield 3.8692% +0.0682).
  • Overall heavy volumes half driven by surge in quarterly futures rolling from Sep'24 to Dec'24: TYU4/TYZ4 over 1.175M so far nearly half of total TYU4 volume of 2.575M.

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