February 12, 2025 13:35 GMT
US TSY FUTURES: Post-CPI Data React
US TSY FUTURES
- Treasury futures extended highs briefly before reversing course - trading lower across the board on higher than expected CPI inflation data.
- The Mar'25 10Y tapped 109-05 high before reversing course to 108-10.5 low (-20), through initial technical support of 108-20.5 (Low Feb 4) and heading towards next support of 108-06 (Low Jan 23).
- Tsy 10Y yield climbs to 4.6187% high, curves off flatter levels: 2s10s +.573 at 25.141.
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