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Plowing Higher, 10YY Heading Back To Sub1.0%

US TSY FUTURES

Futures drawing decent two-way near highs ahead the NY open, TYH1 >415k now, 10YY slips to 1.0144% low, concerted risk-off tone after Covid vaccine headlines re: Astrazeneca on supply availability, stocks offered (ESH1 -46.0). Tsy rally one-way over last couple hours is seeing some selling from fast- and real$ accts ahead the open. Current levels:

  • 3M10Y -1.604, 94.764 (L: 93.833 / H: 96.715)
  • 2Y10Y -0.959, 90.203 (L: 89.526 / H: 92.523)
  • 2Y30Y -0.509, 166.249 (L: 165.556 / H: 168.779)
  • 5Y30Y -1.326, 136.708 (L: 135.927 / H: 138.923)
  • Current futures levels:
  • Mar 2Y up 0.25/32 at 110-15.625 (L: 110-15.25 / H: 110-15.75)
  • Mar 5Y up 1.75/32 at 126-0.25 (L: 125-29.5 / H: 126-01)
  • Mar 10Y up 3.5/32 at 137-15.5 (L: 137-09 / H: 137-17)
  • Mar 30Y up 14/32 at 170-10 (L: 169-20 / H: 170-14)
  • Mar Ultra 30Y up 23/32 at 207-27 (L: 206-24 / H: 208-04)

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