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US TSY FUTURES

Tsy futures extend session lows after the 7Y auction tailed 1.3bp (0.600% vs. 0.587%), drawing some buying on lows as equities scale back recent gains (ESZ0 +23.5). Decent overall volumes on day (TYZ0 over 1.3M) amid reports of Asian bank bond position unwinds ahead next week's presidential elections. Yld curves bouncing off flatter levels over last 3-4 sessions. Update,

  • 3M10Y +5.546, 72.475 (L: 66.17 / H: 72.81)
  • 2Y10Y +4.332, 66.379 (L: 62.11 / H: 66.715)
  • 2Y30Y +4.417, 144.737 (L: 140.371 / H: 145.147)
  • 5Y30Y +1.569, 123.609 (L: 120.985 / H: 123.994)
  • Current futures levels:
  • Dec 2Y down 0.25/32 at 110-13.5 (L: 110-13.25 / H: 110-14)
  • Dec 5Y down 3/32 at 125-21.5 (L: 125-21 / H: 125-26)
  • Dec 10Y down 8.5/32 at 138-17 (L: 138-15.5 / H: 138-28.5)
  • Dec 30Y down 25/32 at 173-8 (L: 173-05 / H: 174-13)
  • Dec Ultra 30Y down 1-5/32 at 216-14 (L: 216-05 / H: 218-18)

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