January 04, 2023 19:03 GMT
Holding Gains/Narrow Range Post-Minutes
US TSY FUTURES
Tsy futures holding firmer, near middle narrow range after the Dec FOMC minutes release, brief bout of bond selling.
"Participants continued to anticipate that ongoing increases in the target range
for the federal funds rate would be appropriate to achieve the Committee’s objectives," the FOMC said.
Yield curves moving flatter again:
- 3M10Y -19.387, -83.611 (L: -87.885 / H: -69.217)
- 2Y10Y -2.62, -66.134 (L: -67.9 / H: -62.093)
- 2Y30Y -1.187, -54.699 (L: -58.14 / H: -51.646)
- 5Y30Y +1.224, -4.632 (L: -7.985 / H: -2.633)
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