Free Trial

Post-ADP React

US TSYS
  • Treasury futures pare losses after lower than expected ADP Employment Change +140k vs. +150k est, prior up-revised to 111k from 107k.
  • Jun'24 10Y futures currently steady at 111-09.5 vs. 111-02.5 low, initial technical resistance 111-15 (High Mar 5), technical support 110-05+/109-25+ (Low Mar 1 / Low Feb 23 and bear trigger). Curves flatter: 2s10s -0.276 at -41.026.

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.