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Extending Session Lows, 10Y Ultra-Bond Block

US TSYS
  • -3,500 UXYZ 147-00.5, post-time bid at 1004:50ET.
Bonds leading sell-off to new session lows in the minutes that follow; 10YY 1.3834% high, 30YY 1.9965% High Dec 10Y futures low 132-28.5 nearing first support: 132-25.5 (Aug 26 low); second support: 132-21.5 Aug 11 low. Curves bear steepening:
  • 3M10Y +6.355, 133.773 (L: 128.179 / H: 134.282)
  • 2Y10Y +4.591, 116.021 (L: 112.84 / H: 116.333)
  • 2Y30Y +4.104, 177.495 (L: 174.275 / H: 177.644)
  • 5Y30Y +1.018, 116.689 (L: 115.255 / H: 117.162)

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