Free Trial

Level Update, Tsys Off Lows

US TSY FUTURES

Really no specific trigger for rebound in rates here as London clocks out for evening. Really decent volumes, best in weeks for this time of session (TYZ0>730k) as mkt traded w/concreted risk-on tone based on "chatter" (hopes, informed opinions, etc) that Trump will be released from hospital. Annc may be soon as press pool called to Walter Reed recently. Is a release is NOT in order, expect sharp risk-on unwind. Yld curves steeper, near highs, update:

  • 3M10Y +5.383, 66.031 (L: 59.652 / H: 66.197)
  • 2Y10Y +4.338, 60.908 (L: 56.735 / H: 61.074)
  • 2Y30Y +5.942, 141.133 (L: 136.113 / H: 141.335)
  • 5Y30Y +3.656, 123.45 (L: 120.918 / H: 124.179)
  • Current futures levels:
  • Dec 2Y -0.62/32 at 110-14 (L: 110-13.75 / H: 110-15)
  • Dec 5Y -5.25/32 at 125-25.25 (L: 125-24.75 / H: 125-31.75)
  • Dec 10Y -14.5/32 at 138-31.5 (L: 138-30.5 / H: 139-14.5)
  • Dec 30Y -1-19/32 at 174-10 (L: 174-09 / H: 175-25)
  • Dec Ultra 30Y down 3-8/32 at 217-15 (L: 217-14 / H: 220-14)

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.