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Late Bounce, Biden Stimulus Plan May Be Slimmed to $1T?

US TSY FUTURES CLOSE
Tsy futures traded firmer into the closing bell -- catching a bid as Pres Biden talks to nation over relief plan. Note MNI story broke at same time:
  • MNI EXCLUSIVE: Biden's Relief Plan Likely To Be Slimmed To $1T
Futures still holding near mid-range not only for the session but since January 14, generally quiet end to the week, yld curves mixed on moderate volumes (TYH1 just over 1.1M). Update:
  • 3M10Y -1.769, 100.95 (L: 100.436 / H: 103.064)
  • 2Y10Y -1.314, 96.563 (L: 95.744 / H: 98.931)
  • 2Y30Y -0.998, 173.148 (L: 171.024 / H: 175.425)
  • 5Y30Y +0.003, 142.057 (L: 139.549 / H: 143.031)
  • Current futures levels:
  • Mar 2Y steady at at 110-15.25 (L: 110-15 / H: 110-15.5)
  • Mar 5Y up 1.75/32 at 125-26.75 (L: 125-24.5 / H: 125-27.75)
  • Mar 10Y up 5.5/32 at 137-02 (L: 136-26 / H: 137-02.5)
  • Mar 30Y up 16/32 at 168-30 (L: 168-07 / H: 169-05)
  • Mar Ultra 30Y up 24/32 at 205-04 (L: 203-30 / H: 205-26)

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