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Marking New Session Lows

US TSY FUTURES
  • Futures continue to extend session lows in the lead-up to the June FOMC minutes release, Sep'23 10Y futures -16 at 111-14 (yield 3.9296% +0.75).
  • Current level just through technical support/Mar 9 low. Focus on key support of 110-27+, the Mar 2 low.
  • Short end continues to outperform as curves climb off deeper inverted levels: 2s10s currently +7.681 at -100.867.

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