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Late Session Observations

US TSYS

Rates drifting near session highs for the last couple hours (TYU breached near-term resistance of 132-05.5 earlier to 132-07 high but have receded back to -05 to -05.5), while equities continue extend highs, ESM1 appr 10pts off May 9 all-time high of 4236.25, currently +35.0 at 4226.25. Muted second half action with May NFP in the rearview mirror; Fed enters blackout at midnight tonight through June 17.
Key late session market levels:

  • DJIA up 149.33 points (0.43%) at 34577.04
  • S&P E-Mini Future up 34.5 points (0.82%) at 4190
  • Nasdaq up 199.4 points (1.5%) at 13614.51
  • US 10-Yr yield is down 6.7 bps at 1.5585%
  • US Sep 10Y are up 18.5/32 at 132-5.5
  • EURUSD up 0.0035 (0.29%) at 1.2106
  • USDJPY down 0.76 (-0.69%) at 110.14
  • WTI Crude Oil (front-month) up $0.64 (0.93%) at $69.01
  • Gold is up $19.63 (1.05%) at $1870.29

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