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Firmer, Off Late Session Lows

US TSY FUTURES CLOSE

Late positioning helped futures climb off second half session lows, acct squaring up ahead Fri's headline employ data for July (+1.49M est vs. 4.8M for June). Volumes moderate, TYU just over 800k; yld curves little flatter, near middle session range. Update:

  • 3M10Y -0.295, 43.8 (L: 39.205 / H: 44.455)
  • 2Y10Y -1.475, 41.553 (L: 39.077 / H: 43.158)
  • 2Y30Y -2.243, 108.023 (L: 105.29 / H: 111.195)
  • 5Y30Y -1.421, 98.402 (L: 97.145 / H: 100.699)
  • Current futures levels:
  • Sep 2Y steady at at 110-15 (L: 110-14.75 / H: 110-15.62)
  • Sep 5Y up 0.5/32 at 126-3.5 (L: 126-01.5 / H: 126-07.25)
  • Sep 10Y up 1.5/32 at 140-4 (L: 140-00 / H: 140-13)
  • Sep 30Y up 6/32 at 182-9 (L: 181-23 / H: 183-06)
  • Sep Ultra 30Y up 29/32 at 228-4 (L: 226-16 / H: 229-25)

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