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Heading Into Last Hour Of Trade

US TSYS

Tsys are bouncing but still off midmorning highs, equities still bid near noon-day highs but are receding slightly. No obvious headline driver in late trade, overall volume relatively thin after a decent start (TYZ only 875k after starting session near 300k). Apparent position squaring ahead extended holiday weekend for most., Yld curves bend flatter, update

  • 3M10Y -1.236, 67.394 (L: 65.477 / H: 69.815)
  • 2Y10Y -1.197, 62.047 (L: 60.981 / H: 64.214)
  • 2Y30Y -0.955, 142.428 (L: 141.066 / H: 145.287)
  • 5Y30Y -0.601, 124.181 (L: 123.219 / H: 126.289)
  • Current futures levels:
  • Dec 2Y down 0.5/32 at 110-13.125 (L: 110-12.8 / H: 110-13.6)
  • Dec 5Y down 2/32 at 125-22.5 (L: 125-21 / H: 125-25)
  • Dec 10Y down 4/32 at 138-25.5 (L: 138-21.5 / H: 138-31.5)
  • Dec 30Y down 6/32 at 174-0 (L: 173-11 / H: 174-12)
  • Dec Ultra 30Y down 16/32 at 216-22 (L: 215-13 / H: 217-14)

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