Free Trial

Post-NFP React

US TSYS
  • Fast two-way as Treasuries gap higher then extend lows after higher than expected jobs gain in May of 272k vs. 180k est (175k prior down revised to 165k).
  • Sep'24 10Y Treasury futures are trading -1-01 at 109-10.5 (Technical support 109-10+ 20-day EMA) after briefly tapping 110-21 high.
  • Cash yields are currently climbing: 2s +.133 at 4.8574%, 10s +.1307 at 4.2178%, 30s +.0994 at 4.5356%, while curves bear flatten: 2s10s -0.487 at -44.604, 5s30s -4.653 at 8.771.

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.