May 31, 2024 14:10 GMT
Post-PMI Update: Extending Session Highs
US TSY FUTURES
- Treasury futures continue to extend session highs, Sep'24 10Y closing in on initial technical resistance of 108-31 (20-day EMA). Next resistance level at 109-13 (50-day EMA).
- Current cash yields lower: 2s -.0438 at 4.8810%, 10s -.0554 at 4.4926%, 30s -.0459 at 4.6336%, while curves continue inch off earlier flatter levels: 2s10s -0.962 at -39.254, 5s30s +1.069 at 12.131.
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