Free Trial

Paring Moderate Gains

US TSY FUTURES
  • Curves off steeper levels as front end selling accelerates, pulling longer maturities lower.
  • At the moment, front month 2Y futures trade 102-14.25 -1.62, yield climbs to 4.320%; 10s dipped to 113-18 after marking 113-25 high before the open, rebounds to 113-20. At the moment, 2s10s slipped to -63.796 after trading as high as -56.558 earlier.
  • No obvious headline print associated with the move, but desks anticipating deluge in bill supply if the debt ceiling impasse is solved and Treasury moves to lift cash buffers.

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.