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US TSYS: Paring Gains Post-IP/Cap-U Data

US TSYS
  • Still bid, Treasury futures are paring gains after solid Industrial Production and Capacity Utilization data for December (and up-revisions for prior).
  • Tsy Mar'25 10Y futures trade 108-22 (+2.5) after rising to 108-27.5 coming into the session. Current level still well above overnight low of 108-16.5.
  • Curves remain flatt: 2s10s -3.211 at 34.825, 5s30s -3.079 at 42.615.
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  • Still bid, Treasury futures are paring gains after solid Industrial Production and Capacity Utilization data for December (and up-revisions for prior).
  • Tsy Mar'25 10Y futures trade 108-22 (+2.5) after rising to 108-27.5 coming into the session. Current level still well above overnight low of 108-16.5.
  • Curves remain flatt: 2s10s -3.211 at 34.825, 5s30s -3.079 at 42.615.