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Extending Sell-Off

US TSY FUTURES

Choppy midmorning trade on heavy volumes (TYH1 already>890k) as long end extends session lows in last couple minutes, drawing fast$, program acct buying just as gains in equities pause. Yield curves bear steepening after posting flatter levels last couple sessions.

  • 3M10Y +3.476, 97.732 (L: 91.977 / H: 98.241)
  • 2Y10Y +2.715, 92.215 (L: 87.306 / H: 92.528)
  • 2Y30Y +2.917, 168.139 (L: 163.223 / H: 168.571)
  • 5Y30Y +1.264, 137.527 (L: 134.512 / H: 137.839)
  • Current futures levels:
  • Mar 2Y down 0.25/32 at 110-15.5 (L: 110-15.25 / H: 110-15.875)
  • Mar 5Y down 3/32 at 125-29.75 (L: 125-29 / H: 126-01)
  • Mar 10Y down 8/32 at 137-9 (L: 137-08 / H: 137-19)
  • Mar 30Y down 21/32 at 169-25 (L: 169-22 / H: 170-29)
  • Mar Ultra 30Y down 1-3/32 at 206-26 (L: 206-19 / H: 208-28)

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