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Modest Bounce Off Lows

US TSY FLOWS

Futures off recent lows, aside from FVH2 block buy, trading desks note central bank buying in 5s and 10s.
Yield curves mostly steeper, little off highs:

  • 3M10Y +9.386, 150.698 (L: 145.576 / H: 151.556)
  • 2Y10Y +4.832, 101.582 (L: 97.396 / H: 102.243)
  • 2Y30Y +3.882, 135.624 (L: 130.702 / H: 136.737)
  • 5Y30Y +1.782, 67.626 (L: 62.605 / H: 68.637)

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