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Post-Sr Loan Officer Survey (SLOOS)

US TSY FUTURES
  • Treasury futures drifting near session highs after the Federal Reserve Senior Loan Officer lending survey release (SLOOS), see 1407ET bullet for details.
  • Front month 10Y futures tapped 111-20 high (+10) trades 111-19 last -- well below initial resistance of 112-07 (High Jul 27), 10Y yield 3.9309% (-.0198). Curves mildly steeper, 2s10s +1.130 at -92.077.
  • Markets still awaiting the Treasury's finance estimates that should give some idea of bill issuance ahead of this Wednesday's quarterly refunding report at 0830ET.

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