Free Trial

Heading into midday, futures have....>

US TSY FUTURES
US TSY FUTURES: Heading into midday, futures have quietly drifted to top end
intra-day range heading into second leg of week's Tsy note auctions coming up in
hour, $20B 10Y note 2.25% re-open; 10Y yld +0.0258 to 2.5788 (2.5421L/2.5954H).
Much of days heavy volume a result of late overnight/early NY trade. Curves off
early steeper levels amid some profit taking on tactical steepeners set earlier
in week. Latest curve update:
* 2s10s +2.157, 60.235 (62.336H/57.381L);
* 2s30s +2.232, 94.526 (97.359H/92.140L);
* 5s30s +1.294, 57.574 (59.513H/55.775L); Current futures levels:
* Mar Ultra bonds down 1-02/64 at 162-14 (161-26L/163-13H)
* Mar 30-yr Bond futures down 23/32 at 149-16 (149-03L/150-05H)
* Mar 10-yr futures down 7/32 at 122-26.5 (122-22.5L/123-03H)
* Mar 5-yr futures down 3/32 at 115-17.5 (115-15.5L/115-21H)
* Mar 2-yr futures .5/32 at 106-28.75 (106-28L/105-29.5H)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.