Free Trial

Holding to lower, relatively.........>

US TSY FUTURES
US TSY FUTURES: Holding to lower, relatively narrow band since the open/after
initial drop mid-London hours on China headlines re: may slow/halt Tsy buying.
Two-way flow after better selling, real$ stop outs and curve unwinds.
Pre-auction short sets ahead today's $20B 10Y note auction re-open. Desks also
watching 10Y yld closely, current 2.581% w/2.620% next significant tech level
after breaching 2.50% this week. Curves off early steeps'. Latest curve update:
* 2s10s +2.157, 60.235 (62.336H/57.381L);
* 2s30s +2.797, 95.090 (97.359H/92.140L);
* 5s30s +2.108, 58.387 (59.513H/55.775L); Current futures levels:
* Mar Ultra bonds down 1-06/64 at 162-10 (161-26L/163-13H)
* Mar 30-yr Bond futures down 25/32 at 149-14 (149-03L/150-05H)
* Mar 10-yr futures down 6.5/32 at 122-27 (122-22.5L/123-03H)
* Mar 5-yr futures down 2.5/32 at 115-18 (115-15.5L/115-21H)
* Mar 2-yr futures .75/32 at 106-28.5 (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.