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Post-BoE Rate Annc Chop

US TSY FUTURES

Tsy futures experiencing post-BoE rate annc chop (steady rate, slows pace of QE but no taper), gap-bid to pre-open highs in Bonds quickly evaporates with curve trading back to narrow overnight ranges. Decent volumes with Asia back from extended holidays, TYM>350k at moment. Yield curves mildly steeper

  • 3M10Y +0.112, 155.441 (L: 154.227 / H: 156.516)
  • 2Y10Y +0.165, 141.499 (L: 140.635 / H: 142.71)
  • 2Y30Y +0.485, 209.471 (L: 208.529 / H: 210.494)
  • 5Y30Y +0.684, 145.607 (L: 144.661 / H: 146.116)

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