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Gaining After BOE Policy Annc

US TSY FUTURES

Tsys drew two-way trade after the BOE held rates steady, tweaking sequencing guidance, Tsys recovered after bout of selling have extended pre-NY open highs. Volumes not exactly overwhelming on the move, appr 50k TYU on move to 310k at the moment. Yield curves running flatter with short end mildly weaker:

  • 3M10Y -1.095, 112.038 (L: 111.375 / H: 114.287)
  • 2Y10Y -1.181, 98.775 (L: 98.246 / H: 101.088)
  • 2Y30Y -1.22, 164.252 (L: 163.42 / H: 166.354)
  • 5Y30Y -0.895, 115.064 (L: 114.576 / H: 116.469)

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