Free Trial

Post-Tsy Borrow Estimate React

US TSY FUTURES
  • Still off morning highs, Treasury futures gain slightly after the Tsy borrow estimate decline from $847B to $740B announced.
  • Sep'24 10Y futures trade +5.5 at 111-12 vs. 111-16.5 high -- initial technical resistance followed by 111-17.5 (1.382 of Apr 25-May 16-29 swing).
  • Curves continue to scale back from last week's steepening, 2s10s -2.129 at -21.274.
  • The Tsy Quarterly Refunding Annc is scheduled for Wed 0830ET.

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.