April 25, 2024 13:01 GMT
Post-Data Update, Extending Lows, 10Y Yield Over 4.72%
US TSY FUTURES
- Treasury futures are extending session lows across the board after briefly gapping higher post data, Jun'24 10Y futures trades down to 107-07.5 (-16) after marking 108-01 high. Heavy volumes, TYM4 near 900k compared to appr 320k pre-data.
- Through initial technical support at 107-13.5 (Low Apr 16), secondary support holds: 107-07+ (76.4% of the Oct - Dec ‘23 bull leg (cont)).
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