January 08, 2025 13:19 GMT
US TSY FUTURES: Post-ADP React
US TSY FUTURES
- Treasury futures take another leg off lows after ADP private jobs data comes out lower than expected. Tsys had bounced off earlier lows after dovish Fed Gov Waller statements re: rate cuts and tariffs.
- The Mar'25 10Y contract trades -3 at 108-02.5 after breaching round number support to 107-28.5 low, 10Y yield currently at 4.0755 +.0205 after tapping 4.7280% high, 2s10s at 41.652 +2.680.
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