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More Steepener Flow?

US TSY FUTURES

Latest block trades lodged at 04:26:41 London, 00:26:41 NY:

  • FVM1 2.9K lots blocked at 123-30.25 looks like a buyer
  • TYM1 1,250 lots blocked at 121-24
  • Likely another FV/TY steepener, although not clear as earlier instances as the TY leg pricing was in line with the offer at the time the block was lodged.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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