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US TSY FUTURES: Extending Lows on Light Volume

US TSY FUTURES
  • Treasury futures are extending overnight lows, Mar'25 10Y contract at 108-08.5 -- just through Tuesday's low, on volume of just over 88.5k at the moment.
  • Focus on round number technical support at 108-00 (1.500 proj of the Oct 1 - 14 - 16 price swing) followed 107-19.5 (1.618 proj of the Oct 1 - 14 - 16 price swing).
  • Curves bear steepen: 2s10s +1.988 at 26.996, 5s30s +1.495 at 32.611.
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  • Treasury futures are extending overnight lows, Mar'25 10Y contract at 108-08.5 -- just through Tuesday's low, on volume of just over 88.5k at the moment.
  • Focus on round number technical support at 108-00 (1.500 proj of the Oct 1 - 14 - 16 price swing) followed 107-19.5 (1.618 proj of the Oct 1 - 14 - 16 price swing).
  • Curves bear steepen: 2s10s +1.988 at 26.996, 5s30s +1.495 at 32.611.