Free Trial

Late Bounce

US TSY FUTURES CLOSE

Nascent risk appetite ensued at varying degrees through the session, driven again by hopes of a fiscal stimulus agreement in the near term. Tsys bounced late, one desk posited that "unless McConnell changes his shell, it doesn't matter what Pelosi and Schumer say they support." Deja vu. Yld curves still steeper:

  • 3M10Y +2.172, 85.65 (L: 81.574 / H: 88.3)
  • 2Y10Y +1.938, 77.529 (L: 74.498 / H: 79.589)
  • 2Y30Y +3.393, 152.936 (L: 148.328 / H: 155.457)
  • 5Y30Y +2.505, 127.554 (L: 123.706 / H: 128.785)
  • Current futures levels:
  • Mar 2Y up 0.62/32 at 110-12.12 (L: 110-11.62 / H: 110-12.5)
  • Mar 5Y up 2.25/32 at 125-24 (L: 125-20.5 / H: 125-25.5)
  • Mar 10Y up 1.5/32 at 137-15.5 (L: 137-08.5 / H: 137-21)
  • Mar 30Y down 12/32 at 172-9 (L: 171-22 / H: 173-06)
  • Mar Ultra 30Y down 23/32 at 211-0 (L: 209-23 / H: 212-27)

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.