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Poised to Extend Gains

US TSYS
  • Bit of traditional risk-off movement at the moment, Tsy futures poised to extend session highs (TYU3 at 112-13 vs. 112-13.5 high) as equities scale back support from the open, SPX Emini Sep futures +5.0 at 4570.5 vs. 4590.0 high.
  • Tsy curves have extended inversion, 2s10s -2.901 at -102.163 is still shy of Thu's low around -104.6.

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