Free Trial

Paring Gains

US TSYS
  • After briefly rising following the near in-line August import/export data, Treasury futures have pared gains -- still off early overnight lows with curves holding near highs: 2s10s +3.435 at 6.497 vs. 6.706 high, 5s30s +1.920 at 54.152.
  • Dec'24 10Y futures +3 at 115-09, well inside initial technicals: resistance at 115-23.5 (High Sep 11), support at 114-27.5/13 (Low Sep 10 / 20-day EMA).
  • Focus turns to U-of-M inflation expectations at 1000ET.

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.