Free Trial

June 5- and 10Y futures that...>

US TSY FUTURES CLOSE
US TSY FUTURES CLOSE: June 5- and 10Y futures that have been outperforming all
day pare move, trade steady/lower into the close. Reuters spamming "Breaking
News" headlines that Pres Trump to sign steel & aluminum tariff by end of week
not really new anymore. Relief on Reuters headline soon after adds: "WHITE HOUSE
SAYS POTENTIAL TARIFF EXEMPTIONS COULD EXTEND TO COUNTRIES OTHER THAN CANADA AND
MEXICO BASED ON NATIONAL SECURITY." Equities well off lows, as is gold. WTI
still under pressure. Latest curve update:
* 2s10s -0.768, 62.467 (62.730H/60.878L);
* 2s30s -0.487, 89.425 (89.971H/87.763L);
* 5s30s +0.423, 50.203 (51.204H/49.016L);
Current futures levels:
* Jun Ultra bonds down 15/32 at 155-08 (155-07L/156-15H)
* Jun 30-yr Bond futures down 10/32 at 143-02 (143-02L/144-00H)
* Jun 10-yr futures down .5/32 at 120-00.5 (120-00L/120-14.5H)
* Jun 5-yr futures down .5/32 at 113-31 (113-30.5L/114-08H)
* Jun 2-yr futures down .75/32 at 106-07.75 (106-07.5L/106-10.75H)

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.